Share this article
Blockchain Project Aims to Bring Speed, Transparency to Wall Street Trading
Coinsetter has launched Project High Line, a blockchain-based technology that aims to improve how trades across Wall Street are executed.
Updated Sep 11, 2021, 11:34 a.m. Published Feb 26, 2015, 11:17 a.m.
Make us preferred on Google
Coinsetter has launched Project High Line, a blockchain-based technology that it claims will improve Wall Street's "outdated" trading system.
The New York-based firm says that the project will help to attain a "stark transparency", replacing Wall Street's current settlement rails with a traceable blockchain-based peer-to-peer (P2P) system, giving market participants further control of their assets.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The High Line Project's "On-Blockchain Settlement" will also enable clients trading on the exchange to view their funds on the blockchain in near real time, without the need for an intermediary.
Jaron Lukasiewicz, CEO of Coinsetter, said:
"Coinsetter's Project High Line is an important application of blockchain technology that reforms outdated clearing and settlement rails, just as the High Line Park, built over outdated railway infrastructure, has forever revitalised downtown New York and increased its value."
The exchange says that the project is a "shift from the status quo on Wall Street", which aims to solve the problem of having to place trust in an exchange or intermediary.
The news comes after Coinsetter announced that it intended to divide a 10% stake in the company's business among interested market makers willing to add liquidity to its order book at the end of last year.
Wall Street image via Shutterstock
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Here’s why bitcoin’s is failing its role as a 'safe haven' versus gold
Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash.
What to know:
- During recent geopolitical tensions, Bitcoin lost 6.6% of its value, while gold rose 8.6%, demonstrating bitcoin's vulnerability in times of market stress.
- Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash, contrary to its reputation as a stable digital asset.
- Gold remains the preferred hedge for short-term risks, while bitcoin is better suited for long-term monetary and geopolitical uncertainties that unfold over years.
Top Stories
