NYSE unveils blockchain platform for tokenized trading
4.8 Banking The NYSE is launching a blockchain platform for 24/7 trading and settlement of tokenized U.S. stocks and ETFs, preserving shareholder rights and modernizing market infrastructure.
The New York Stock Exchange (NYSE) is developing a blockchain-based platform to enable 24/7 trading and on-chain settlement of tokenized U.S. equities and ETFs, pending regulatory approval. This initiative aims to merge traditional equity markets with blockchain technology, allowing continuous trading, instant settlement, fractional share purchases, and stablecoin-based funding. The platform will leverage the NYSE’s Pillar matching engine alongside private blockchain networks for post-trade settlement, supporting multi-chain interoperability. Tokenized shares will retain the same economic and legal rights as traditional securities, including dividends and governance, with access provided to qualified broker-dealers. This move is part of a broader digital asset strategy by NYSE’s parent company, Intercontinental Exchange, which is also working with major banks to develop tokenized deposit infrastructure and modernize trading systems. If approved, the project will address growing demand for nonstop access to digital assets and securities, supporting both natively issued digital securities and tokenized versions of existing shares.
