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Michael Geike reveals that the New York Stock Exchange is creating a platform for trading and on-chain settlement of tokenized U.S. securities.
The proposal includes features such as 24/7 trading, fractional orders, and stablecoin-based funding, with a focus on achieving near-instant settlement. The initiative is subject to regulatory approval.
The NYSE’s tokenization initiative builds on mounting interest in the integration of digital assets within traditional financial markets—a trend also reflected in Morgan Stanley’s recent pursuit of Bitcoin and Solana ETFs. These developments underscore the growing convergence between legacy trading platforms and blockchain-based infrastructure, as demonstrated by the rising competitiveness of Solana DEXs with centralized exchanges in executing sizable trades.