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LSEG Launches DiSH, a Blockchain Platform for 24/7 Cash and Asset Settlement

The service tokenises commercial bank deposits to move money instantly across traditional and digital networks.

Overview

  • DiSH records ownership of commercial bank deposits as DiSH Cash on its ledger while the underlying funds remain at commercial banks.
  • The platform supports round-the-clock payment‑versus‑payment and delivery‑versus‑payment workflows across multiple currencies and jurisdictions.
  • It can act as a notary to confirm settlements on other networks, linking on‑chain and off‑chain infrastructure without requiring system migration.
  • LSEG says synchronized settlement shortens cycles, reduces counterparty risk, frees trapped assets, boosts collateral availability, and adds intraday borrowing and lending tools.
  • The launch builds on a proof of concept with Digital Asset and major institutions on the Canton Network, with governance under LSEG’s Post Trade Solutions shared rulebook.