NYSE to Develop Platform for Trading Tokenized Securities

• NYSE will create a platform for trading tokenized securities.
• It will enable 24/7 trading in U.S.-listed stocks and ETFs.
• The project will be implemented as part of ICE’s strategy.

The New York Stock Exchange (NYSE) announced that it is developing a new platform for trading tokenized securities. 

The digital platform will enable trading in tokenized assets with features such as 24/7 availability, instant settlement, order placement in dollar terms, and stablecoin-based funding, according to the press release. Tokenized stockholders will also be entitled to dividends and participation in shareholder voting.

The statement also notes that the launch of NYSE’s tokenized securities platform is part of a broader digital strategy by Intercontinental Exchange (ICE), which owns the NYSE. ICE is working to modernize its clearing infrastructure to support continuous trading and is exploring the integration of tokenized collateral.

The company is already working with BNY Mellon and Citi to support tokenized deposits within its clearing units.

NYSE Group President Lynn Martin noted that the exchange has been reshaping markets for more than two centuries and is now leading the adoption of onchain solutions, combining robust security with modern technology for a digital future. ICE Vice President Michael Blaugrund added that supporting tokenized securities is an important step in building onchain infrastructure for global finance.

Previously, oracle provider Chainlink reported a partnership with ICE.