The 24-hour trading and attracting foreign investors to the Iranian capital market are approaching a critical and transformative stage. After years of resistance to blockchain technology, the managers of the Stock Exchange Organization have finally realized the importance of these changes. According to Reza Ayazlou, Deputy for Supervision of Financial Institutions at the Stock Exchange Organization, the transfer of assets in the Iranian capital market to the blockchain network will start soon. This transformation, with the approval of the Supreme Council of the Stock Exchange and the encryption of assets, will facilitate securities trading 24/7. Market experts are hopeful that this infrastructure change will have positive effects on the Iranian capital market. They believe that time constraints and payment methods in traditional stock exchanges have altered investors’ preferences, and blockchain can address these issues. They also suggest that by using cryptocurrencies and national digital currencies (CBDC), new opportunities can be created to attract foreign capital. In the initial phase, only funds and securities will enter the blockchain, gradually followed by other assets. This transformation involves encrypting assets such as securities, derivatives, and commodities, offering numerous benefits like faster transactions, increased security, and regulatory compliance. Additionally, this change creates significant potential to attract foreign investment. Operational infrastructures are fully prepared, with the finalization of regulations by the Stock Exchange Organization remaining. After approval by the Jurisprudential Committee of the Stock Exchange and final reviews, this plan is expected to be implemented in the next few months. On the real-time digital currency price page, you can monitor the live prices of all tokens and cryptocurrencies.
