LSEG has announced that LCH SA has launched its new LCH DigitalAssetClear service. LCH DigitalAssetClear will provide market participants with access to the clearing of digital asset derivatives traded on GFO-X. LCH DigitalAssetClear has been developed to ensure digital asset derivatives can be cleared through a service that is secure, segregated, highly regulated and focused solely on digital asset derivatives.
Marcus Robinson, Head of DigitalAssetClear and CDSClear, LCH, said: “We are delighted to launch this highly anticipated service from LCH SA. The regulated clearing infrastructure within LSEG’s post trade ecosystem has allowed us to build something meaningful for our participants and address the availability of options for a rapidly growing asset class. It is essential that we find ways to offer regulated, segregated and trusted routes to provide customers with a diverse breadth of services and we are excited to continue working with GFO-X to offer a regulated marketplace for this asset class.”