Overview

• The Digital Markets Infrastructure (DMI) handled an end-to-end fundraising for MembersCap’s tokenized MCM Fund 1, with FCA-regulated Archax acting as nominee, including for the Cardano Foundation.
• LSEG says DMI supports issuance, tokenization, distribution, and post-trade settlement on one ledger, aiming to cut private-market settlement from 40–50 days toward near-instant.
• The platform integrates with LSEG Workspace to make private funds discoverable to professional investors and streamline interactions between general partners and limited partners.
• The system runs on Microsoft Azure under a strategic partnership that includes Microsoft’s 4% stake in LSEG.
• Early adopters include EJF Capital, and LSEG plans to broaden DMI beyond private funds over time, subject to demand and regulatory conditions.