According to Nikkei, Japan aims to modernize its traditional financial market infrastructure through blockchain technology. Under the proposed system, the settlement of stocks and government bonds could operate 24/7, extending market infrastructure beyond conventional operating hours and supporting the country’s broader push into tokenization and digital finance.
The initiative reportedly involves Japan’s Ministry of Finance, the Financial Services Agency (FSA), the Bank of Japan (BoJ), as well as several private banks and securities firms. The participants aim to prepare a detailed plan by the first quarter of 2027, defining the blockchain’s design and technical features alongside the responsibilities of the institutions involved.
The new infrastructure is not expected to become operational before 2030. In the longer term, however, its scope could extend beyond stocks and bonds, with plans indicating that the blockchain-based system may eventually also support international money transfers.
