The New York Stock Exchange (NYSE) has announced the development of a platform for trading and on-chain settlement of tokenized securities. The launch of this platform is pending regulatory approval, according to Bloomberg.
This new service will provide 24/7 trading access, instant settlements, and the ability to place orders in dollar equivalents. It will support stablecoins to finance operations.
Technically, the platform will integrate the NYSE Pillar matching engine with blockchain-based post-trading systems. This architecture will support settlements across various networks.
The platform will facilitate trading in both tokenized stocks, which are interchangeable with traditional securities, and native digital assets. Token holders will retain rights to dividends and participation in company governance. Access to the system will be granted to qualified broker-dealers.
The exchange's parent company, Intercontinental Exchange, is also working on adapting its clearing infrastructure for 24/7 operations. In collaboration with banks BNY and Citi, the holding is implementing support for tokenized deposits. This will allow market participants to manage margin and move funds outside standard banking hours.
NYSE President Lynn Martin emphasized that the exchange aims to combine trust in traditional markets with modern on-chain solutions that uphold high investor protection standards.
As a reminder, in December, a statue of the anonymous Bitcoin creator Satoshi Nakamoto was installed in the New York Stock Exchange building.