New York Stock Exchange Reveals Trading Platform for Tokenized Stocks and ETFs
The New York Stock Exchange, run by Intercontinental Exchange (ICE), is developing a blockchain-based trading platform for tokenized securities with 24/7 instant settlement. The platform will integrate the NYSE’s established trading systems with blockchain post-trade technology, supporting settlement across multiple blockchains. It will enable trading in both tokenized traditional shares and native blockchain securities, allowing investors to access dividends and governance rights. ICE is partnering with BNY and Citi to facilitate tokenized deposits, fund transfers, and management for clearinghouses, including operations outside typical banking hours. No specific launch date was given, and the project awaits regulatory approval. This move aligns with industry trends, as major institutions recognize tokenization as a key development in market infrastructure.
