{
  "id": 8242866,
  "title": "Onchain finance is coming to Wall Street—and ignoring it is no longer an option",
  "url": "https://urgent.news/2026/09/18/onchain-finance-is-coming-to-wall-street-and-ignoring-it-is-no-longer",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T12:00:00.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/09/18/onchain-finance-is-coming-to-wall-street-and-ignoring-it-is-no-longer-an-option/"
  },
  "original_language": "en",
  "account": "Onchain finance is making its way to Wall Street, and ignoring it is no longer an option. The concept describes the integration of the most powerful element of blockchain technology – public networks open to everyone on equal terms – with the trust of a reputable company that customers rely on. This new category of onchain products aims to compete with traditional finance on its own terms.\n\nLike decentralized finance (DeFi), onchain finance uses public blockchains, offering transparency and resilience. However, unlike DeFi, onchain finance typically involves a third party with some degree of control over the product. While DeFi optimizes for permissionless and open transactions, onchain finance focuses on delivering a product that competes directly with traditional finance.\n\nLegacy financial institutions have full control over their products and use outdated technology. On the other hand, onchain finance providers only control their products as much as necessary, inheriting all advantages of public blockchains. Regulated stablecoins, such as digital dollars backed by traditional assets, are an example of onchain finance. These stablecoins move across public blockchains, allowing transactions at any hour, in any country, and with a supply that continues to grow.\n\nRegulated stablecoins rely on trusted issuers who must comply with federal legislation like the GENIUS Act, which places responsibility for reserves, redemptions, anti-money laundering, and sanctions obligations on the issuers. Similarly, other financial instruments like treasuries, money market fund shares, equities, bonds, and derivatives can also move onchain.\n\nBy bringing in a new wave of young, global, and always-connected customers, onchain finance is competing directly with legacy financial institutions for their own customers. As U.S. regulators create new rules tailored for these innovative products, Wall Street has a choice: adopt onchain finance and build on public blockchains, or risk losing customers to other institutions that embrace this technology.",
  "summary": "Two veteran financial attorneys say once-exotic blockchain are already being integrated into traditional finance.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "KOSPI surges 2.66% on Wall Street rally, foreign buying",
        "url": "https://urgent.news/2026/09/18/kospi-surges-2-66-on-wall-street-rally-foreign-buying",
        "published": "2026-09-18T08:02:04.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Stock futures rise after Wall Street rally; Fed speakers in focus",
        "url": "https://urgent.news/2026/09/18/stock-futures-rise-after-wall-street-rally-fed-speakers-in-focus",
        "published": "2026-09-18T08:09:10.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Nasdaq futures lead Wall Street gains as oil retreat eases inflation worries",
        "url": "https://urgent.news/2026/09/18/nasdaq-futures-lead-wall-street-gains-as-oil-retreat-eases-inflation",
        "published": "2026-09-18T12:15:00.000Z"
      },
      {
        "outlet": "Handelsblatt",
        "title": "Wall Street: US-Märkte starten verhalten in den Verfallstag",
        "url": "https://urgent.news/2026/09/18/wall-street-us-markte-starten-verhalten-in-den-verfallstag",
        "published": "2026-09-18T14:01:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}