Wall Street firms are exploring ways to put traditional stocks and other assets on blockchain networks, according to technology advocates pushing for the change. These supporters argue that moving securities onto distributed ledger technology could fundamentally reshape how investors buy and sell assets.

Blockchain-based trading would operate around the clock, eliminating the current market schedule constraints that close trading at 4 PM Eastern time. The technology promises faster settlement times and smoother transactions compared to traditional systems that can take days to clear trades completely.

Proponents suggest this shift could reduce counterparty risk and increase transparency in financial markets. By recording ownership on an immutable ledger, blockchain might minimize disputes over who actually holds which securities at any given moment.

The push reflects growing institutional interest in cryptocurrency infrastructure beyond just digital assets. If successful, this could bridge traditional finance with decentralized technology, potentially creating new revenue streams for banks and brokerages while giving investors continuous access to markets.