
NYSE plans 24/7 trading of tokenized stocks on blockchain
- —The platform will operate separately from NYSE using the Pillar engine and blockchain infrastructure
- —Instant settlement instead of T+1, 24/7 trading and fractional shares
- —Support for stablecoin funding and operation across multiple networks
- —Partners for tokenized deposits and clearing are BNY and Citi
Why it matters: The world's largest exchange is moving stock infrastructure onto the blockchain, which could accelerate TradFi tokenization and boost demand for stablecoins.
Source: Crypto Briefing
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