Blockchain.com and NYSE Explore 24/7 Tokenized Stock Trading
Blockchain.com and the New York Stock Exchange (NYSE) have signed a memorandum of understanding to explore providing access to tokenized U.S.-listed stocks and ETFs. The partnership aims to leverage NYSE's planned digital alternative trading system to enable 24/7 trading, fractional ownership, and stablecoin-based settlement for global users. The collaboration also includes plans for mutual data sharing between the two entities. The project is currently in the development phase and remains subject to the launch of the NYSE's digital platform and necessary regulatory approvals.
Summaries are written by AI from the original article. Not investment advice.