NYSE to Offer 24/7 Blockchain-Powered Tokenized Stock Trading
The New York Stock Exchange, a cornerstone of Intercontinental Exchange, is pioneering a blockchain-driven platform for tokenized securities. This innovation will facilitate round-the-clock trading of U.S. equities and ETFs, subject to regulatory greenlights. Leveraging NYSE's Pillar matching engine, the system ensures tokenized shares mirror traditional equity attributes—voting rights, dividends, and corporate governance.
The initiative reflects ICE's strategic push toward perpetual market accessibility. Partner financial institutions are concurrently developing complementary systems for tokenized deposits and settlement mechanisms. Dubbed 'The MOVE,' this infrastructure overhaul addresses escalating institutional demand for seamless digital asset exposure.