Blockchain.com and NYSE Team Up for Tokenized Securities Trading
Blockchain.com and NYSE Group have entered into a non-binding memorandum of understanding that would allow users of the crypto platform to trade tokenized U.S. exchange-listed equities and ETFs through the NYSE's digital alternative trading system.
The agreement aims to broaden access to tokenized stocks for crypto-native investors, with Blockchain.com citing a Citi Institute forecast of $5.5 trillion in tokenized assets by 2030.
Under the plan, users would be able to trade and settle trades on-chain, offering benefits such as fractional ownership, around-the-clock trading, and faster settlement times.