Blockchain.com partners with NYSE to enable trading of tokenized securities

Summary

Blockchain.com and the NYSE announced a partnership to explore global, 24/7 trading of tokenized U.S. exchange-listed equities and ETFs via a memorandum of understanding (MOU), pending regulatory approvals. This collaboration aims to enhance the NYSE's reach to crypto-native investors by providing access to tokenized assets, which have gained traction in recent years due to their potential for fractional ownership, continuous trading outside traditional market hours, and expedited onchain settlement. Blockchain.com, which supports over 44 million confirmed accounts, aims to integrate NYSE and ICE data into its platform, offering its users improved access to market intelligence and investment opportunities.

Tokens

$NYSE

Analysis

Lynn Martin: Lynn Martin is President of NYSE Group. She stated that the future of capital markets belongs to institutions uniting traditional finance trust with digital asset innovation, highlighting Blockchain.com's expertise as a complement to the tokenized securities platform. Peter Smith: Peter Smith is Executive Chairman, CEO, and Co-Founder of Blockchain.com. He described tokenized stocks as a key catalyst for greater economic freedom, noting the partnership will extend investment opportunities to Blockchain.com users worldwide. Blockchain.com: Blockchain.com is a global leader in crypto services for retail and institutional users. It has signed an MOU with NYSE Group to enable its users to access tokenized U.S. exchange-listed equities and ETFs via the NYSE's digital ATS, while also participating in bidirectional market data distribution with ICE Data Services. NYSE Group, Inc.: NYSE Group, Inc. operates the New York Stock Exchange and has developed a digital ATS for tokenized securities. Through the MOU, it seeks to expand access to crypto-native investors via Blockchain.com's global platform and distribute market data bidirectionally with its partner. Trading Features: Tokenized stocks may offer fractional ownership, around-the-clock trading decoupled from traditional market hours, and faster onchain settlement. Regulatory Context: The collaboration is subject to any required regulatory approvals before implementation. Tokenization Trend: Innovation and adoption of tokenized securities have accelerated in recent years.

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