# Australian Securities Exchange

ALL From Australian Securities Exchange

IBM and Australian Stock Market’s Blockchain Projects Failed, a Blow to Private Ledgers

The turbulence in the overall cryptocurrency sector following FTX’s collapse this month is well-known. What’s gotten less attention, though, are the failure of projects that attempted to use the underlying crypto ledger technology in private, corporate settings, the once-hyped ecosystem known collectively as enterprise blockchain.

Australian Securities Exchange Cancels Blockchain Project, Write Off $250 Million

The Australian Securities Exchange (ASX) is dropping a long-in-the-making blockchain-powered replacement for its CHESS settlement and clearing system.