NYSE builds venue for 24/7 trading of tokenised stocsk and ETFs, Bloomberg reports
Newsquawk Staff ·
- Plans to use its existing technology that matches buyers and sellers, combined with private blockchain networks, to facilitate the trading of tokenised securities in real-time, according to executives.
- NYSE is looking to launch the new digital trading platform later this year, pending regulatory approval.
What it means
The NYSE's move to create a platform for 24/7 trading of tokenized stocks and ETFs indicates a significant step towards integrating digital assets into mainstream finance. This could enhance liquidity and attract a new class of investors, but the success hinges heavily on regulatory approval and market acceptance. If implemented, this may shift trading dynamics and influence current trading platforms and asset classes.
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