Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»BLOCKCHAIN NEWS»Will blockchain play a role?
BLOCKCHAIN NEWS

Will blockchain play a role?

By Crypto FlexsJune 6, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Will blockchain play a role?
Share
Facebook Twitter LinkedIn Pinterest Email

BlackRock and Citadel Securities invested in the group with the goal of disrupting U.S. stock exchange markets.

Texas Stock Exchange Chairman and CEO James H. Lee has raised $120 million in funding from more than two dozen investors to potentially launch an exchange that could compete with the NYSE and Nasdaq. is being secured. The investor consortium includes BlackRock, the world’s largest asset manager, and Citadel Securities, a huge market maker.

TXSE Announcement | Source: LinkedIn

Are BlackRock and Citadel planning a blockchain move in the stock market?

According to The Wall Street Journal, TXSE sees itself as a challenge to the hegemony maintained by traditional and outdated exchanges. The group also wants to address rising compliance fees and listing costs.

Neither BlackRock nor Citadel have proposed a cryptocurrency-related strategy for investing in TXSE, but blockchain technology could be an effective solution to the agenda presented by the Lee Group.

Blockchain networks are known to run an energy-efficient model compared to the traditional financial sector. Naysayers and disbelievers have been scrutinizing Bitcoin’s (BTC) proof-of-work (PoW) structure for years as being energy-intensive, but the data disagrees.

Bitcoin consumes less than 50% of the energy used by the banking system, according to a 2021 Galaxy Digital report cited by Nasdaq. Considering that top altcoin blockchains such as Ethereum (ETH) and Solana (SOL) use energy-optimized structures through Proof-of-Stake (PoS), decentralized chains can reduce operating costs for TXSE. there is.

Introducing on-chain mechanisms to the world’s largest capital market will enable 24/7 trading access and instant settlements. The stock market operates only five days a week. As long as the chain’s uptime remains uninterrupted, anyone in the world can buy BTC, ETH or SOL whenever they want.

Bitcoin, in particular, has not experienced any downtime in over a decade, and Ethereum is the most trusted DeFi blockchain, with over $66 billion in total value locked per DefiLlama. Tokenization of real-world assets, such as bonds and stocks, is also growing, surging to a $9.4 billion market in recent years, indicating that it is possible to bring in stocks and other securities.

BlackRock, Citadel Securities Backing New TXSE: Will Blockchain Play a Role?  - 2
Tokenized Real Asset Market Cap | Source: CoinGecko
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

British trail EU, US encryption regulation, think tank warning

June 22, 2025

ZKJ Crypto Price Pumps 20%: Dead Cat Bounces?

June 17, 2025
Add A Comment

Comments are closed.

Recent Posts

What Every Investor Should Know

July 6, 2025

Protecting Your Portfolio In A Volatile Market

July 6, 2025

A Trader’s Guide To Smarter Moves

July 6, 2025

Crypto Price Prediction Strategies – How Traders Forecast The Market

July 6, 2025

Causes, History, And How To Survive

July 6, 2025

A Guide To High-Risk, High-Reward Strategies

July 6, 2025

Ethereum MVRV has 1.20–1.25 and suggests that Market Peak is not visible.

July 6, 2025

Bitcoin holders reach $ 1 trillion in paper gains.

July 6, 2025

It flashes again in July

July 6, 2025

AAS MINER Rolls Out 2025 AI Cloud Mining Plan — Fully SEC-Compliant, Risk-Controlled, And Tailored For Crypto Enthusiasts

July 6, 2025

As Nano Labs begins to accumulate $ 1 billion, BNB gets a big supporter.

July 5, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

What Every Investor Should Know

July 6, 2025

Protecting Your Portfolio In A Volatile Market

July 6, 2025

A Trader’s Guide To Smarter Moves

July 6, 2025
Most Popular

How can cryptocurrency help the food industry?

March 1, 2024

Mastering Aspect Ratio While Traveling: A Comprehensive Guide to Composing and Enhancing Your Aesthetics

January 2, 2024

Terra Luna Classic Loses BtcTurk Listings After Disastrous Hack

June 25, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.