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London Should Embrace SPACs and Crypto, Ex-LSE Chief Rolet Says

  • Rolet calls for easing of U.K. rules around blank-check firms
  • Shore Capital report also highlights crypto opportunity
Xavier Rolet

Xavier Rolet

Photographer: Kiyoshi Ota/Bloomberg

The U.K. government should move quickly to embrace blank-check firms and cryptocurrencies to help the City of London flourish in the post-Brexit era, according to a paper co-authored by Xavier Rolet.

“The U.K. needs to promptly consider the SPAC revolution,” the former London Stock Exchange Group Plc chief executive officer said in a report written with Shore Capital’s head of research Clive Black and the broker’s senior political adviser Matthew Elliott, who ran the campaign for Brexit.