The New York Stock Exchange Develops Tokenized Securities Platform
-
Will facilitate 24x7 trading of
U.S. listed equities and ETFs - Will allow for fractional share trading
- Will offer immediate settlement via tokenized capital
NYSE’s new digital platform will enable tokenized trading experiences, including 24/7 operations, instant settlement, orders sized in dollar amounts, and stablecoin-based funding. Its design combines the NYSE’s cutting-edge Pillar matching engine with blockchain-based post-trade systems, including the capability to support multiple chains for settlement and custody.
Subject to regulatory approvals, the platform will power a new NYSE venue that supports trading of tokenized shares fungible with traditionally issued securities as well as tokens natively issued as digital securities. Tokenized shareholders will participate in traditional shareholder dividends and governance rights. The venue is designed to align with established principles for market structure, with distribution via non-discriminatory access to all qualified broker-dealers.
The launch of the NYSE’s tokenized securities platform is one component of ICE’s broader digital strategy, which includes preparing its clearing infrastructure to support 24/7 trading and the potential integration of tokenized collateral. ICE is now working with banks including BNY (NYSE: BK) and Citi (NYSE: C) to support tokenized deposits across ICE’s clearinghouses to help clearing members transfer and manage money outside of traditional banking hours, meet margin obligations, and accommodate funding requirements over different jurisdictions and time zones.
“For more than two centuries, the NYSE has transformed the way markets operate,” said
ICE, parent company of the NYSE and operator of six clearing houses around the world including the world’s largest energy clearing house and the world’s largest clearing house for credit default swaps, has been at the forefront of market innovation for more than 25 years.
"Since its founding, ICE has propelled markets from analog to digital,” said
About
Trademarks of ICE and/or its affiliates include
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's
Category: NYSE
Source:
ICE-CORP
View source version on businesswire.com: https://www.businesswire.com/news/home/20260119300589/en/
NYSE Media Contact:
kearney.ferguson@nyse.com
+1 (212) 656-2369
ICE Investor Contact:
Steve.eagerton@ice.com
+1 (904) 854-3683
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