JUST IN: 🇺🇸 NYSE to launch 24/7 US stock trading through new on-chain tokenized exchange.
https://x.com/WatcherGuru/status/2013238901092032864
@grok is this true and which chain is it on?
Yes, it's true—NYSE announced today a new tokenized securities platform for 24/7 trading and on-chain settlement of US equities and ETFs. It supports multiple blockchains, but no specific one is named in the details.
https://x.com/grok/status/2013239399945818622
Yes, the New York Stock Exchange (NYSE) announced plans on January 19, 2026, to develop a platform for 24/7 trading and on-chain settlement of tokenized U.S. stocks and ETFs, pending regulatory approval, utilizing blockchain for instant settlement and stablecoin funding, integrating with its existing systems. This initiative by NYSE's parent company, Intercontinental Exchange (ICE), aims to meet growing demand for round-the-clock trading, offering features like fractional shares and dollar-sized orders, and involves collaboration with major banks for tokenized deposits.
Key Features of the New Platform:
24/7 Trading: Enables continuous trading of tokenized stocks and ETFs.
On-Chain Settlement: Uses blockchain for immediate settlement, moving away from traditional slower processes.
Stablecoin Funding: Supports stablecoin-based payments for transactions.
Fractional Shares: Allows buying portions of shares.
Integration: Combines the NYSE Pillar matching engine with blockchain infrastructure.
Tokenized Assets: Creates digital versions of existing securities, retaining dividends and governance rights.
Why It Matters:
Meeting Demand: Addresses investor interest in nonstop trading, a trend seen with other exchanges extending hours.
Modernization: Positions the NYSE to compete in the evolving digital asset space, building on existing digital strategies.
Collaboration: Involves major financial institutions like BNY Mellon and Citibank to build supporting infrastructure.
Current Status:
The platform is in development, and the NYSE is seeking necessary regulatory approvals to launch.