NYSE and ICE Launch Platform for Tokenized Securities Trading
- The New York Stock Exchange (NYSE) and Intercontinental Exchange (ICE) are developing a platform for trading and on-chain settlement of tokenized securities.
- The platform will integrate NYSE’s Pillar engine with blockchain systems, allowing continuous trading and instant settlement across multiple settlement chains.
- Pending regulatory approvals, the system will support stablecoin funding and offer tokenized shareholders dividends and governance rights similar to traditional investors.
- ICE is collaborating with major banks such as BNY and Citi to enhance its tokenized deposit infrastructure, addressing liquidity, margin obligations, and cross-border funding needs.
- This initiative is part of ICE’s broader digital infrastructure strategy to modernize market operations while adhering to regulatory standards.
The NYSE’s new platform aims to revolutionize the trading of tokenized securities by enabling continuous trading, instant settlements, and stablecoin funding. This development reflects ICE’s commitment to advancing digital market infrastructure in collaboration with major financial institutions like BNY and Citi.
Source (3.2)https://cryptobriefing.com/nyse-tokenized-securities-platform/?rand=59535
