Japan Wants to Settle Stock Trades Instantly Using Blockchain
TLDR
- Japan is planning a blockchain system to settle stock and government bond transactions instantly
- The Financial Services Agency, Ministry of Finance, Bank of Japan and financial institutions will form a study group in summer 2026
- A development plan is expected around early 2027, with the system potentially live in the early 2030s
- Currently, Japanese stock trades settle two days after execution, and government bonds settle the next day
- The Bank of Japan is already testing blockchain settlement using commercial bank deposits in a sandbox environment
Japan is moving toward a blockchain-based settlement system for stocks and government bonds, according to a report from the Nikkei newspaper published on August 26.
🚨HUGE: Japan plans to build a blockchain-based system for instant, 24/7 settlement of stocks and government bonds.
Japan’s FSA, Ministry of Finance and Bank of Japan will work with financial institutions on the system, potentially tokenizing BOJ bank reserves to enable… pic.twitter.com/8AQ8vGGnez
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