NYSE, Blockchain.com in tie-up to bring tokenized US stocks to crypto users
Blockchain.com users could gain access to tokenized US stocks and ETFs through NYSE’s planned digital trading platform under a new partnership, as bourses rush to deliver new trading.
Blockchain.com users could gain access to tokenized US stocks and ETFs through NYSE’s planned digital trading platform under a new partnership, as bourses rush to deliver new trading.
Blockchain.com and the New York Stock Exchange have signed a memorandum of understanding to give Blockchain.com users access to tokenized US-listed stocks and exchange-traded funds through NYSE’s planned digital trading platform.
Under the proposed arrangement, Blockchain.com would distribute tokenized US equities and ETFs traded on NYSE’s digital alternative trading system (ATS), subject to regulatory approval. The deal would extend NYSE’s planned tokenized securities offering to Blockchain.com’s global customer base.
“Crypto venues are becoming multi-asset platforms, and traditional assets are adopting the 24/7, programmable structure crypto pioneered,” Tanay Ved, senior research associate at institutional digital asset technology firm Talos, said in comments shared with Cointelegraph.