How Securitize is working with NYSE to bring equities onchain
Securitize is partnering with the NYSE to tokenize equities, aiming to bring traditional financial assets onto the blockchain.Summary
In Episode 10 of Layer One, Carlos Domingo, CEO of Securitize, discusses the company's partnership with the New York Stock Exchange (NYSE) to bring equities onchain. The conversation, hosted by Kelvin Sparks and John Wu, focuses on the rise of tokenized financial assets and the process of integrating them into regulated markets. Securitize chose Avalanche for its compliance and settlement capabilities. The initiative begins with public equities due to their existing regulatory frameworks and liquidity. The partnership aims to streamline the trading and settlement of equities, potentially increasing efficiency and accessibility within the financial system. Domingo highlights the growing adoption driven by the benefits of tokenization, including faster settlement times and reduced costs.
(Source：The Block)