NYSE Advances Tokenization With Blockchain Trading Platform
The New York Stock Exchange (NYSE), under Intercontinental Exchange (ICE), is developing a blockchain-based platform for trading and settling tokenized securities. This initiative aims to modernize Core market infrastructure by integrating traditional securities with digital assets.
The platform will feature 24/7 trading capabilities with near-instant settlement, dollar-denominated orders, and stablecoin funding. It combines NYSE's Pillar matching engine with blockchain post-trade systems, enabling multi-chain settlement and custody.
Pending regulatory approval, the venue will support both tokenized shares (fungible with traditional securities) and natively issued digital securities. Shareholder rights—including dividends and voting—remain unchanged for tokenized assets.
NYSE emphasizes alignment with existing market structure principles, ensuring non-discriminatory access for qualified broker-dealers. This MOVE signals institutional adoption of blockchain technology while maintaining regulatory compliance.