Metaplanet CEO: Blockchain near-real-time settlement will eliminate some market credit risk

TechFlow Metaplanet CEO Simon Gerovich commented that the waiting period from trade execution to settlement is not merely a procedural delay; it inherently carries counterparty credit risk regarding whether the counterparty remains solvent before the settlement date. If Japan promotes blockchain and deposit tokenization to achieve near-real-time settlement for stocks and government bonds, the market will be able to significantly compress this exposure, gradually eliminating a type of counterparty risk generated by the settlement cycle.