Jan. 19 at 7:02 PM
The New York Stock Exchange is developing a blockchain-based “tokenized securities platform” designed to allow investors to trade stocks 24/7, buy fractional shares, and settle transactions instantly. The initiative, still pending regulatory approval, aims to modernize trading by digitizing ownership rights and enabling continuous market access.
NYSE owner Intercontinental Exchange is working with major banks, including BNY Mellon and Citi , to support tokenized deposits across its clearinghouses. The move comes amid growing interest in tokenization, following similar efforts by Nasdaq , which has sought SEC approval for trading tokenized stocks, and by online and crypto platforms like Robinhood , Coinbase, Gemini, and Kraken.
This step reflects a broader trend in financial markets toward leveraging blockchain technology to enhance liquidity, accessibility, and efficiency, potentially reshaping how investors buy, sell, and settle securities.
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