Investors on the New York Stock Exchange trade more than 1 billion shares in a single day, but many of those trades take days to settle.
Big banks like JPMorgan and Citi think they have a solution, and they need to borrow the blockchain, the tool of cryptocurrencies, to make it happen.
Citi believes that the tokenization of assets on the blockchain could become a $5 trillion industry by 2030.
But tight regulation of the market and the SEC’s crackdown on cryptocurrencies could slow adoption.