Blockchain.com and NYSE Collaborate on Tokenized Stock Trading
- Blockchain.com and the New York Stock Exchange (NYSE) have signed an agreement to explore access to tokenized U.S.-listed stocks and ETFs.
- The service aims to provide around-the-clock trading using NYSE’s planned digital alternative trading system (ATS), pending regulatory approvals.
- Features include stablecoin funding, fractional ownership, and onchain settlement, targeting crypto traders.
- Data sharing between NYSE parent ICE and Blockchain.com is part of the agreement for market data integration.
This collaboration between Blockchain.com and NYSE seeks to integrate tokenized securities into a crypto-native platform, allowing users to trade beyond traditional market hours with features familiar to crypto enthusiasts.
The project remains in its exploratory phase, dependent on the launch of NYSE’s digital ATS and necessary regulatory clearances, emphasizing a significant shift towards merging traditional securities with blockchain technology. Source
