How Big Banks Like JPMorgan And Citi Want To Put Wall Street On A Blockchain

Investors at the New York Stock Exchange trade upwards of a billion shares in a single day, but many of those trades take days to settle. Big banks like JPMorgan and Citi think they have a solution, and they need to borrow a tool from crypto to make it happen—blockchain. Citi thinks tokenizing assets on the blockchain could be a $5 trillion dollar industry by 2030. But tight regulation of markets, and a crackdown on crypto from the SEC could slow adoption. Chapters: 00:00 — Introduction 01:36 — Chapter 1 03:28 — Chapter 2 05:19 — Chapter 3 07:35 — Chapter 4 Produced by: Jordan Smith Hosted by: Tanaya Macheel Supervising Producer: Jeff Morganteen Graphics: Christina Locopo, Andrea Schmitz, Alex Wood » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook:  Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC How Big Banks Like JPMorgan And Citi Want To Put Wall Street On A Blockchain