The NYSE is developing a tokenized trading and settlement platform for US stocks and is seeking regulatory approval.

BlockBeats News, January 19 — According to official sources, Intercontinental Exchange Group’s New York Stock Exchange announced today that it is developing a platform for tokenized securities trading and on-chain settlement, and will seek regulatory approval for this initiative.

The NYSE’s new digital platform will support tokenized trading experiences, including 24/7 round-the-clock operation, instant settlement, order placement in USD amounts, and fund transfers based on stablecoins. Its design integrates the NYSE Pillar matching engine with a blockchain-based post-trade system, capable of supporting multi-chain settlement and custody.

Upon receiving regulatory approval, the platform will drive a new NYSE trading venue that supports tokenized stocks interchangeable with traditional issued securities, as well as native digital security tokens. Tokenized shareholders will enjoy dividend rights and governance rights similar to traditional shareholders. The venue’s design follows mature market structure principles, enabling distribution through non-discriminatory access to all qualified broker-dealers.

The launch of the NYSE tokenized securities platform is part of Intercontinental Exchange’s broader digital strategy, which includes preparing its clearing infrastructure to support 24/7 trading and exploring the integration of tokenized collateral. ICE is collaborating with banks such as BNY Mellon and Citigroup to support tokenized deposits within its clearinghouses, helping clearing members transfer and manage funds, fulfill margin obligations outside traditional banking hours, and meet the funding needs across different jurisdictions and time zones.