Digital stocks are more deliberate than disruptive

Reuters

Digital stocks are more deliberate than disruptive

By Neil UnmackThe value of blockchain-linked shares is only $3 bln but growing fast. The technology can speed completion of transactions and ease trading across time zones; the drawbacks are fragmented markets and compliance loopholes. Old-school exchanges, far from being eliminated, can help.Full view will be published shortly.Follow @Unmack1 on X.CONTEXT NEWSLondon Stock Exchange Group on September 1 announced a partnership with Payward, the developer of the xStocks digital equity product.The move means that xStocks linked to UK companies will be available for UK trades. The two groups will also work on developing new digital equities issued through the London Stock Exchange, which carry similar voting rights as ordinary shares.