NYSE Launches Tokenized Securities with Securitize

NYSE and Securitize Collaborate on Tokenized Securities Platform

• The New York Stock Exchange (NYSE) partners with Securitize, a tokenization platform backed by BlackRock, to develop a 24/7 tokenized securities platform.
• Securitize will serve as the first eligible digital transfer agent for NYSE’s Digital Trading Platform, issuing shares and ETFs as digital tokens using blockchain technology.
• The partnership aims to create standards for other transfer agents to manage tokenized securities compliantly.
• Securitize’s broker-dealer will connect to the platform, offering an alternative system for trading digital tokens.
• This initiative follows NYSE’s move in January seeking regulatory approval for blockchain-based securities issuance.

The collaboration between NYSE and Securitize aims to establish a blockchain-native market infrastructure that enables round-the-clock trading of tokenized securities, enhancing efficiency and reducing operational risks.