NYSE Wants to Settle Your Stock Trades Instantly Using Blockchain and Stablecoins

NYSE is developing an onchain settlement platform for tokenized securities under parent Intercontinental Exchange. The platform will support 24/7 trading, instant settlement, fractional shares, and stablecoin funding. NYSE joined DTCC’s July tokenization pilot with BlackRock, Goldman Sachs, JPMorgan and 30+ firms. An SEC filing allows tokenized shares to trade alongside traditional ones.