NYSE plans tokenized securities and 24/7 trading platform

Beincrypto reports the New York Stock Exchange is developing a blockchain-based platform to support tokenized securities and enable continuous, 24/7 trading of U.S. stocks.

The exchange says tokenized securities would represent legally recognized shares, backed one-to-one by the underlying asset and governed by existing U.S. securities laws. The proposed platform would support on-chain settlement and features such as instant settlement, 24/7 operations and orders sized in dollar amounts. Tokenized shares would remain economically and governance-equivalent to conventional shares, and the system is intended to run alongside today’s markets with fungibility over time rather than replacing them overnight. The initiative targets market infrastructure rather than crypto-style trading or speculation.

If successful, the shift could alter price discovery, settlement risk, liquidity behavior and investor psychology; continuous trading in particular could smooth price reactions and reduce overnight shocks. Tokenization is presented as a way to reduce settlement risk and improve capital efficiency by enabling near-real-time ownership updates and atomic delivery and payment. The announcement is an expression of intent and is not an approved or live product.

Key Topics

Business, Nyse, Tokenized Securities, Continuous Trading, On-chain Settlement, Us Securities Law