Wall Street’s Future: NYSE Plots 24/7 Tokenized Market

Reading Time: < 1 minute

In a major step toward modernizing traditional finance, the New York Stock Exchange revealed plans Monday for a platform to trade tokenized securities with on-chain settlement. The move is positioned to enable non-stop, 24/7 trading of US equities and exchange-traded funds, subject to regulatory consent.

According to the announcement, the platform’s features are set to include perpetual trading hours, purchases of fractional shares, dollar-denominated orders, and instant settlement using tokenized capital. The company confirmed that stablecoins will be integrated as a funding method.

The architecture pairs the NYSE’s established Pillar matching engine with new blockchain-based systems for post-trade functions. Designed to support various settlement and custody blockchains, this technology will underpin a forthcoming NYSE venue exclusively for digital assets.

If regulators greenlight the project, the venue will list both tokenized traditional stocks and native digital securities. Investors in tokenized forms will retain full shareholder rights, including dividends and governance, with access granted non-discriminatively to eligible broker-dealers.

This effort reflects the broader digital agenda of Intercontinental Exchange, the NYSE’s parent. ICE is already adapting its clearinghouse systems to support the technical demands of round-the-clock trading markets.