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InvestorNewsBreaks – Upstream Stands Out as the First Direct Access Stock Market Built on Blockchain Technology
September 27, 2024

InvestorNewsBreaks – Upstream Stands Out as the First Direct Access Stock Market Built on Blockchain Technology

Upstream, a MERJ Exchange market and trading app, today hosted the latest episode of “Upstream Up Close” on Twitter (X) Spaces. In a blog post discussing the episode, Upstream’s Anastasia Samaras stated that while other traditional exchanges have begun exploring blockchain solutions, they have used more cautious approaches. Samaras listed several factors that may hinder the full-scale adoption of blockchain technology, including regulation, complexity, and disruption. For its part, Upstream is the only stock market built on blockchain technology offering investors direct access to U.S. and international equities.

The post noted that the success of Upstream as a blockchain-powered stock market “could serve as a model for other stock exchanges worldwide” and “inspire exchanges to explore blockchain solutions.” Other exchanges could also work with Upstream to “provide their issuers with a complementary platform to reach investors outside of their domestic or regional jurisdictions.” The article noted that Upstream is working to complement other exchanges rather than compete with them. As more players recognize the benefits of blockchain – such as direct peer-to-peer trading, instant settlement, expanded trading hours, and enhanced transparency – the world may see a broader adoption of this technology in the financial sector.

To listen to the episode, visit https://ibn.fm/eNBHA

To view the full article, visit https://ibn.fm/wMWDO

About Upstream

Upstream, a MERJ Exchange market (https://merj.exchange), is a global securities trading app. Powered by a proprietary, transparency first, matching engine, Upstream allows investors outside of the U.S. to trade securities using just an app. For more information, please visit https://upstream.exchange.

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