A partnership between the London Stock Exchange Group’s (LSEG) business and trading startup Global Futures and Options (GFO-X) will reportedly see the UK have its first centrally cleared trading platform for digital assets, Cointelegraph said. The service is expected to launch in the fourth quarter of 2023.

As Cointelegraph reported, on April 11, 2023, Paris-based LCH SA, a London Stock Exchange Group subsidiary, announced it would create a centrally regulated trading platform. The plan is reportedly awaiting approval.

According to reports, LCH SA has launched a new segregated clearing service called LCH DigitalAssetClear. Cointelegraph concluded, commenting Frank Soussan, head of LCH DigitalAssetClear.