The NYSE is developing a blockchain-based platform for 24/7 trading and near instant settlement of tokenised equities and ETFs.
The New York Stock Exchange (NYSE) is developing a platform for the trading and on-chain settlement of tokenised securities, as it prepares to seek regulatory approval for a new digital market venue. The platform is designed to support 24/7 trading of US-listed equities and ETFs The exchange said the platform is designed to support 24/7 trading of US-listed equities and ETFs, fractional share dealing and near instant settlement using tokenised capital. It will combine the NYSE’s Pillar