Group 1 - LSEG plans to develop an on-chain settlement service called the LSEG Digital Securities Depository to connect traditional and digital securities markets [1] - The service will facilitate trading and settlement of tokenized bonds, equities, and private market assets across multiple blockchain networks while remaining compatible with existing settlement platforms [1] - The first deliverable under this system is expected in 2026, pending regulatory approval [3] Group 2 - LSEG is under pressure from activist investor Elliott Management, which has acquired a stake in the company and is advocating for changes due to a more than 35% decline in the company's shares over the past year [2] - The company's stock has been affected by a broader selloff of global software stocks related to AI concerns, although it saw a slight increase of 0.9% on Thursday [2] Group 3 - Major British banks and financial institutions, including Barclays, Lloyds, NatWest Markets, Standard Chartered, and Brookfield, have expressed support for LSEG's initiative [4] - The initiative aims to create an ecosystem that allows participants to seamlessly transition between digital and traditional markets, accommodating various time zones and payment options [3]