LSEG plans 24/5 trading and tokenized equities for first half of 2027

  • LSEG plans LSEG24, a digital securities depository, tokenized equities, and institutional connections.
  • LSEG24 is scheduled for the first half of 2027, without a specific launch date.
  • LSEG is partnering with Kraken and signed an MOU with HSBC for interoperability.

London Stock Exchange Group (LSEG) plans to begin its LSEG24 24/5 trading cycle in the first half of 2027, while developing a digital securities depository, tokenized equities and infrastructure links with Kraken and HSBC. The depository would support the recording and settlement of eligible digital assets, while Kraken would be involved in listings and HSBC in an interoperable connection. The plans span trading, custody, settlement and connectivity rather than a single tokenization product. They come as exchanges and regulators examine longer market hours and blockchain-based securities. Always-on trading also creates funding and settlement challenges because securities markets can operate outside the hours of traditional banking rails. LSEG launched its Digital Settlement House earlier in 2026 to support 24/7 transfers involving commercial bank money, securities and digital assets through synchronized settlement.

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