The New York Stock Exchange is making a monumental leap into blockchain. It is developing a platform for continuous, real-time trading of tokenized stocks and ETFsThe New York Stock Exchange is making a monumental leap into blockchain. It is developing a platform for continuous, real-time trading of tokenized stocks and ETFs

NYSE Unveils 24/7 Tokenized Securities Trading Platform

The New York Stock Exchange (NYSE) said on Jan. 19 that it is developing a venue for 24/7 trading and on-chain settlement of tokenized U.S.-listed equities and ETFs. It will seek regulatory approvals before launch.

NYSE Tokenized Securities Trading Design

NYSE, owned by Intercontinental Exchange (ICE), framed the product as a hybrid of its existing market microstructure and token rails. The design combines the existing Pillar matching engine with blockchain-based post-trade systems. Moreover, it can support multiple chains for settlement and custody, the release said.

The same announcement claims the venue targets instant settlement, stablecoin-based funding, and orders sized in dollar amounts, alongside fractional share trading for tokenized equities and ETFs.

The structure NYSE described maintains traditional shareholder economics. Tokenized shares on the new venue would remain fungible with traditionally issued securities. Their tokenized holders would receive dividends and governance rights.

In addition, NYSE is working with major banks, BNY and Citi, to support tokenized deposits across ICE clearinghouses. Therefore, clearing members can move money outside banking hours to meet margin and funding demands across time zones.

Broader Market Impact

ICE traded at $173.98 (+0.43%) on the latest available tape. Partner banks named in the buildout included BNY Mellon (BK) at $121.33 (-2.16%) and Citigroup (C) at $118.04 (+0.50%).

ICE shares on Jan. 19 | Source: Google Finance

ICE shares on Jan. 19 | Source: Google Finance

A 24×7 tokenized NYSE venue shifts the constraint from whether the matching engine can run to whether the broker-dealers, CCP (Central Counterparty) workflows, and cash legs can clear at 03:00 ET.  ICE’s explicit tie-in to stablecoin funding and tokenized deposits reads like a play for weekend margin mobility, competing with prime brokerage credit lines.

The first real trade signal will come from the U.S. Securities and Exchange Commission (SEC) filing sequence and any rule text that touches CCP risk windows.

In recent news, DTC (US Depository Trust Company) said the SEC issued a No-Action Letter on Dec. 11, 2025, authorizing a tokenization service for select DTC-custodied assets. The production readiness is targeted for 2H 2026.

In the meantime, there is a parallel pressure on extended-hours equities trading, including Nasdaq’s push for 23 hours a day, five days a week.

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The post NYSE Unveils 24/7 Tokenized Securities Trading Platform appeared first on Coinspeaker.

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