Following the Financial Conduct Authority’s approval two weeks ago, the LSE has revealed it will accept applications from issuers starting April 8, with the launch scheduled for May 28.
The Financial Conduct Authority announced on Monday that it would not object to digital asset exchange traded note listings on exchanges but would still limit the products to professional investors.
The London Stock Exchange Group is on the search for a blockchain expert to lead digital asset solutions for $3.3 trillion London Stock Exchange, requiring extensive financial services experience and Web3 knowledge.
Building this market on the blockchain will make the process of trading traditional assets “slicker, smoother, cheaper and more transparent,” according to a London Stock Exchange executive.
Argo Blockchain was delisted on December 9 after ‘accidentally’ publishing a statement saying it’d file Chapter 11 bankruptcy, but says it’s now restructuring amid relisting.
U.K.-based block reward miner Argo Blockchain Plc is mining 545% more BTC than in 2019, with profits up 280%.
Argo Blockchain revealed that it would increase its mining capacity by 75% in the coming week and by over 200% in Q1 of this year. It also named a new CEO.
Argo Blockchain, the first crypto mining company to list on the London Stock Exchange, posted revenues of £3.6 million ($4.42 million) in the period to September 30.
London-listed Argo Blockchain PLC expects that its Q2 results will benefit from the positive trends across the board in cryptocurrency markets.
Argo Blockchain, the London-listed cryptocurrency mining company, has invested in 1,000 new miners in a bid to shore up its ailing financial performance.
The London Stock Exchange is looking into blockchain use cases that could increase transparency for financial markets.
Invesco, an investment management company, launched the first blockchain ETF on the London Stock Exchange on Monday.
