NYSE Launches Tokenized Securities Platform To Enable 24/7 Trading, Fractional Shares, And Instant Settlement
In Brief
NYSE plans to launch a platform for trading and on-chain settlement of tokenized securities, combining traditional exchange reliability with blockchain-based transparency, instant settlement, and 24/7 market access.
The New York Stock Exchange (NYSE) has announced plans to develop a platform for trading and on-chain settlement of tokenized securities, signaling a significant step toward integrating traditional capital markets with blockchain technology.
The initiative, which will be subject to regulatory approvals, is designed to enable continuous trading experiences, offering 24/7 market access, instant settlement, dollar-denominated orders, and stablecoin-based funding.
The platform will integrate the NYSE’s high-performance Pillar matching engine with blockchain-based post-trade systems, providing multi-chain settlement and custody capabilities. This combination aims to preserve the speed, reliability, and market integrity associated with the exchange while introducing the transparency and programmability benefits of digital assets.
Once operational, the platform will support a new NYSE venue where tokenized shares can be traded alongside traditional securities, with some tokens fully fungible with their conventional counterparts and others issued natively as digital securities. Holders of tokenized shares will retain customary shareholder rights, including dividends and governance participation, ensuring alignment with established corporate frameworks. Distribution of these digital securities will follow principles of fair and non-discriminatory access, allowing all qualified broker-dealers to participate on equal terms.
This initiative positions the NYSE at the forefront of bridging conventional finance and blockchain innovation, creating a framework that could transform liquidity, accessibility, and operational efficiency in securities trading.
NYSE And ICE Integrate Blockchain Solutions To Modernize Global Trading And Clearing
The NYSE’s development of a tokenized securities platform represents a key element of its parent company ICE’s broader digital transformation strategy, which aims to modernize trading and clearing infrastructure for a more connected, around-the-clock global market. As part of this initiative, ICE is preparing its clearing systems to support 24/7 trading and exploring the potential use of tokenized collateral to streamline settlement and liquidity processes across jurisdictions. The company is collaborating with major banking partners, including BNY Mellon and Citi, to facilitate tokenized deposits within ICE’s clearinghouses, enabling clearing members to move and manage funds outside conventional banking hours, meet margin requirements, and address cross-border funding needs with greater efficiency.
ICE, which operates six clearinghouses worldwide—including the largest energy clearinghouse and the largest clearinghouse for credit default swaps—has a long history of market innovation spanning more than 25 years. This expansion into digital assets and tokenized settlement underscores ICE’s commitment to integrating traditional finance with emerging blockchain-based infrastructures, positioning the firm at the forefront of the evolving global financial ecosystem.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
