Last week Peter Golder announced that he’d joined the London Stock Exchange Group (LSEG) as Head of Group Digital Assets, a newly created position. Golder was Chief Commercial Officer at the SIX Digital Exchange (SDX) for the last two years. SDX was the first major stock exchange to launch a digital assets platform supporting securities.
Golder started a week ago and reports to Murray Roos, Group Head of Capital Markets and Daniel Maguire, Group Head of Post Trade. A spokesperson for LSEG said that it was too early to elaborate on the LSEG’s digital asset plans.
Beyond cryptocurrencies, security tokens representing stocks, bonds, funds and other assets are viewed as an important frontier for blockchain. Automation can radically reduce the costs of securities issuance and administration. That means bonds and other asset classes can be traded in smaller denominations lowering the barriers to entry for investors and increasing the pool of investors.
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