Blockchain.com and NYSE Team Up for Global Tokenized Stock Trading
Blockchain.com and NYSE Group have signed a memorandum of understanding to explore global access to tokenized U.S. exchange-listed stocks and ETFs through NYSE's planned digital alternative trading system (ATS).
The proposed collaboration could give Blockchain.com's over 44 million confirmed accounts access to fractional and round-the-clock trading, subject to required regulatory approvals.
NYSE has been developing a digital ATS designed for tokenized securities and continuous trading. The platform will combine NYSE's Pillar matching technology with blockchain-based post-trade systems, including instant settlement and stablecoin-based funding.