NYSE Advances 24/7 Blockchain Trading for Tokenized Stocks and ETFs
The New York Stock Exchange is pioneering a blockchain-based marketplace for tokenized stocks and ETFs, enabling round-the-clock trading. This initiative, part of Intercontinental Exchange's (ICE) digital transformation, aims to modernize equity markets by leveraging instant blockchain settlement and stablecoin liquidity.
Key innovations include real-time trade settlements, dollar-denominated stablecoin transactions, and partnerships with BNY Mellon and Citigroup. The MOVE signals growing institutional adoption of blockchain infrastructure in traditional finance.