SETL, the fintech startup led by one of the founders of European equities exchange Chi-X, has announced its first for-sale blockchain product little under a year after its launch.

The London-based company said on June 1 that its OpenCSD software, which is powered by blockchain technology, would enable users to record and settle the ownership of financial assets. The "off-the shelf" platform can be used across asset classes, according to the company.