이 기사 공유하기
Australian Securities Exchange 'Considering' Blockchain Technology
The Australian Securities Exchange is considering replacing its current clearing and settlement system with blockchain technology, reports claim.
The Australian Securities Exchange (ASX) is seriously considering replacing its current clearing and settlement system with blockchain technology, reports claim.
According to the Sydney Morning Herald, ASX CEO Elmer Funke Kupper said blockchain technology could help cut the cost and time associated with its Clearing House Electronic Subregister System (CHESS).
STORY CONTINUES BELOW
The CEO added:
"We are looking at what we can do to bring end-to-end efficiencies, and we have people looking very closely at blockchain to see if we can create efficiencies for our clients, investors and companies."
He continued: "We're thinking about whether there are smarter ways to do things – to remove a lot of administrative costs and reconciliation costs from the back end of investment banking and broking, and this is where blockchain could be potentially quite helpful."
The upgrade of ASX's clearing and settlement system is expected to begin by the end of next year.
Crypto in Australia
Funke Kupper's comments come after the National Bank of Australia and the Commonwealth Bank of Australia – which is experimenting with Ripple's technology – joined distributed ledger startup R3CEV's project, which seeks to develop standards to spread the use of blockchain technology within the wider financial industry.
The news also follows reports that various banks in Australia had decided to shut down the accounts of bitcoin operating businesses in the country. The closures are currently being investigated by the Australian Competition and Consumer Commission (ACCC).
Sydney image via Shutterstock
More For You
알아야 할 것:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Ethereum’s P2P Layer Is Improving Just as Institutional ETH Buys Pick Up
Early PeerDAS performance is proof that the Ethereum Foundation can now ship complex networking improvements at scale.
알아야 할 것:
- Ethereum co-founder Vitalik Buterin said that the network is addressing its lack of peer-to-peer networking expertise, highlighting the progress of PeerDAS.
- PeerDAS, a prototype for Data Availability Sampling, is crucial for Ethereum's scalability and decentralization through sharding.
- BitMine Immersion Technologies has significantly increased its Ethereum holdings, viewing it as a strategic investment in the network's future scaling capabilities.
Top Stories
