The New York Stock Exchange has announced plans to launch a blockchain-based platform that will allow stocks and exchange-traded funds to trade around the clock. The new venue, expected later this year, aims to attract global investors who want access beyond traditional market hours.
NYSE executives said the platform will combine the exchange’s existing matching technology with private blockchain networks. This setup will support tokenized securities, instant settlement, dollar-based order sizing and funding through stablecoins. The goal is to create a smoother and faster trading experience.
The platform will support both tokenized versions of traditional shares and securities issued directly onchain. Importantly, investors holding tokenized shares will still receive dividends and voting rights, similar to regular shareholders. Access will be open to all qualified broker-dealers under standard market rules.
The exchange owner, Intercontinental Exchange, is seeking regulatory approval and is also upgrading its clearing systems to support 24/7 trading. Rival Nasdaq has announced similar plans, highlighting growing demand for nearly nonstop global markets.
You need to login in order to Like
Leave a comment