LSEG to Launch LSEG Digital Securities Depository in 2026

LSEG, the London Stock Exchange operator, announced plans to launch an on-chain settlement service, the LSEG Digital Securities Depository, enabling tokenized bonds, equities, and private market assets to settle across multiple blockchains while remaining interoperable with existing platforms. The first deliverable is targeted for 2026, subject to regulatory approval, with a strategic partner group to co-develop the ecosystem. The initiative follows pressure from activist Elliott Management, which holds a stake and has advocated performance improvements, amid broader software sector selloffs and AI-related concerns. LSEG shares were up 0.9% on February 12, 2026, as major UK banks and financial institutions, including Barclays, Lloyds, NatWest Markets, Standard Chartered, and Brookfield, have expressed support.