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London Stock Exchange Parent Assigns Financial ‘Bar Codes’ To 169 Cryptos
Summary: Late last month, the London Stock Exchange Group (LSEG) added 169 digital assets to its SEDOL Masterfile service, a global database that assigns unique identifiers to financial instruments. The assignees included digital currencies (such as Bitcoin), “digital platforms” that allow issuance of multiple assets (such as Ethereum) and security tokens. The seven-digit alphanumeric codes help ...
Late last month, the London Stock Exchange Group (LSEG) added 169 digital assets to its SEDOL Masterfile service, a global database that assigns unique identifiers to financial instruments. The assignees included digital currencies (such as Bitcoin), “digital platforms” that allow issuance of multiple assets (such as Ethereum) and security tokens. The seven-digit alphanumeric codes help LSEG’s customers keep track of traded assets from execution to settlement.
The addition of Bitcoin and its ilk to the database, in response to customer demand, is a sign that institutional investors are slowly embracing the asset class.
Tracy Chen
Tags: London Stock
Link: London Stock Exchange Parent Assigns Financial ‘Bar Codes’ To 169 Cryptos [Copy]
