Blockchain.com, NYSE Team Up for Global Tokenized Stock Trading
Blockchain.com and the New York Stock Exchange (NYSE) are joining forces to explore the possibility of around-the-clock trading for tokenized U.S. stocks and ETFs.
The partnership aims to give global investors access to these digital securities, potentially breaking down barriers tied to traditional market hours, geography, and brokerage access.
According to Blockchain.com Executive Chairman, CEO, and co-founder Peter Smith, 'tokenized stocks are one of the most impactful advancements in the modern financial landscape.'
The companies are exploring 24/7 trading, which could extend access to tens of millions of Blockchain.com users globally. They will also share market data, with NYSE affiliate ICE Data Services distributing Blockchain.com's cryptocurrency market data and analytics to its clients.