NYSE taps Securitize to develop 24/7 tokenized securities platform
The NYSE partnered with Securitize to build its platform for issuing and trading tokenized stocks and ETFs 24/7.Summary
The New York Stock Exchange (NYSE) has officially partnered with Securitize to advance its goal of launching a platform for trading tokenized equities around the clock.
Under this agreement, Securitize will handle the creation and management of blockchain-based tokens representing shares of stocks and exchange-traded funds (ETFs), enabling their digital issuance and trading. This partnership formalizes a key component of the NYSE's infrastructure, which had previously announced plans for a 24/7 tokenized securities venue in January.
This move reflects a broader trend on Wall Street, where major exchanges and asset managers are integrating tokenization for benefits like faster settlement and improved capital efficiency. While mass adoption depends on regulatory clarity, the environment is becoming more supportive, with the SEC encouraging industry engagement on digital securities pilot programs.
(Source：The Block)