London Stock Exchange Group has recently made a major move. On January 15th, they officially launched a digital settlement system called "DiSH," with a straightforward goal — to bring the real funds of commercial banks onto the blockchain.

How does this system work? The core is to tokenize deposits within banks using their own ledger system. In simple terms, it uses blockchain technology to enable real money to achieve programmable real-time settlement across different payment networks.

Traditional finance has a major flaw: it is limited by operating hours. But with this platform, commercial banks' funds can flow across multiple currencies and regions, 24/7. What does this mean? Improved settlement efficiency, increased liquidity, more effective collateral, and reduced credit risk during transactions.

Daniel Maguire, Head of Global Markets at LSEG, said it very directly: This is the first time that multi-currency real cash held by commercial banks has been tokenized on the blockchain, truly breaking down the barriers between traditional finance and new infrastructure. Existing cash, securities, and digital assets can seamlessly switch between old and new systems.