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 the platform is contingent upon regulatory approval.
The new service will provide 24/7 trading access, instant settlements, and the ability to place orders in dollar equivalents. It will support operations financing through stablecoins.
Technically, the platform will integrate the NYSE Pillar matching engine with blockchain-based post-trade systems. The architecture will support settlements across various networks.
The platform will handle both tokenized stocks, interchangeable with traditional securities, and native digital assets. Token holders will retain rights to dividends and participation in corporate governance. Qualified broker-dealers will have access to the system.
The exchange’s parent company, Intercontinental Exchange, is simultaneously working on adapting clearing infrastructure for 24/7 operations. In collaboration with BNY and Citi, the holding is implementing support for tokenized deposits. This will enable market participants to manage margins and move funds outside standard banking hours.
NYSE President Lynn Martin noted that the exchange aims to combine the trust of traditional markets with modern on-chain solutions, maintaining high standards of investor protection.
Back in December, a statue of the anonymous creator of Bitcoin, Satoshi Nakamoto, was installed at the New York Stock Exchange building.