NYSE Partners with Blockchain.com for Tokenized Asset Market Expansion
The New York Stock Exchange (NYSE) has signed a memorandum of understanding with Blockchain.com to explore providing users access to tokenized US-listed stocks and ETFs on its upcoming 24-hour digital trading platform. The partnership includes a reciprocal market-data agreement and aims to tap into Blockchain.com's user base of over 44 million accounts. NYSE's planned venue will support fractional orders, on-chain settlement, and stablecoin-based funding, aligning with industry projections that the tokenized asset market could reach $5.5 trillion by 2030.
Summaries are written by AI from the original article. Not investment advice.