US EditionNYSE-parent Intercontinental Exchange develops platform for 24/7 tokenized securities trading
The platform targets 24/7 U.S. stock trading with instant settlement and stablecoin funding to reduce market frictions and meet rising global investor demand, ICE said.
- Intercontinental Exchange has developed a platform for trading and on-chain settlement of tokenized securities to capitalize on global demand for U.S. equities.
- The NYSE's new digital platform will enable 24/7 operations, instant settlement, orders sized in dollar amounts, and stablecoin-based funding, once regulatory approvals are obtained.
- The NYSE's move into tokenized securities trading follows a similar proposal by Nasdaq Inc. last year to allow member firms and investors to tokenize equity securities and ETFs traded on the exchange.
82 Articles
82 Articles
The initiative from the world's largest stock exchange is still pending regulatory approval, and there is no set timeline for its launch.
readingeagle
Independent EspañolBy THE ASSOCIATED PRESS The New York Stock Exchange is working on a digital platform that would allow investors to trade digital tokens 24 hours a day. The platform would be separate from the New York Stock Exchange (NYSE) itself – which operates only on working days – and would allow instant settlement of transactions, orders sized in dollar amounts and financing based on stable digital coins, said Monday Intercontinental Exchange, owner of NYS…
NYSE working on a new platform for trading digital tokens around the c
The New York Stock Exchange is working on a digital platform that would enable investors to trade digital tokens around the clock. The platform would be separate from the NYSE itself, which operates only on weekdays, and allow for instant settlement of transactions, orders sized in dollar amounts and stablecoin-based funding, NYSE owner Intercontinental Exchange said Monday. Tokenization uses blockchain technology that powers cryptocurrencies to…
Coverage Details
Bias Distribution
- 70% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
