The Wall Street blockchain project Project Ion, which failed to gain widespread promotion, quietly ended at the end of last year

ChainCatcher news, according to The Information, two years ago, the behind-the-scenes giants of the U.S. financial market launched the Wall Street blockchain project "Project Ion." The project aims to revolutionize the way stock trading settlements are conducted using blockchain technology, including cash settlement and obtaining stock certificates.

Well-known companies such as JPMorgan and Robinhood were involved, but ultimately the project failed to gain widespread adoption and quietly ended at the end of last year.