NYSE Develops On-Chain Payment Platform for Tokenized Securities

• NYSE is developing an on-chain payment platform for tokenized securities settlement.
• Private and public blockchains offer different trade-offs in control and transparency.
• NYSE plans 23-hour trading, showing extended access is already underway.

The New York Stock Exchange (NYSE) is developing an on-chain payment platform to support the settlement of tokenized securities, a new move in its efforts to bring blockchain-based technology into traditional financial market infrastructure.

NYSE President Lynn Martin announced the progress during a keynote speech at South Korea’s National Assembly in Seoul. She said the exchange is examining how tokenization and on-chain payments can be responsibly incorporated into financial markets while upholding the infrastructure, rules, and safeguards that support investor assurance.

How Would NYSE On-Chain Stock Settlement Actu…

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