【BlockBeats】The New York Stock Exchange officially announced the development of a new tokenized trading platform, marking a formal embrace of blockchain settlement methods by traditional financial institutions. According to an official announcement from Intercontinental Exchange Group, this new digital platform will focus on the trading and on-chain settlement of tokenized securities and is currently submitting approval applications to regulatory authorities.
The new platform has many highlights. First, it supports 24/7 continuous operation, breaking the limitations of traditional exchanges constrained by working hours. Second, the real-time settlement capability significantly improves trading efficiency—compared to the traditional T+2 model, this is a qualitative leap. Additionally, the platform supports USD order placement and fund transfers based on stablecoins, making the user experience more flexible.
Once this news broke, the industry responded positively. Senior market insiders stated that upgrading traditional financial infrastructure is a major benefit for the entire crypto asset ecosystem. On one hand, it enhances market compliance and institutional recognition; on the other hand, it also brings new development opportunities and imagination space for crypto trading platforms.
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SerumSqueezer
· 20h ago
The NYSE has finally woken up, but can it pass the regulatory hurdle...
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MEVictim
· 20h ago
The NYSE's recent move can be considered a breakthrough, but whether it will truly materialize depends on how the SEC approves it...
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FunGibleTom
· 20h ago
NYSE is really coming, it seems Web3 will ultimately be harvested by Wall Street.
But I am indeed a bit期待 about the 24-hour trading, finally no longer being held back by US stock market hours.
Changing T+2 to real-time settlement... if this really gets implemented, the traditional financial landscape will be reshuffled.
Waiting for regulatory approval, and then waiting another half a day, this approval process is no faster than an Ethereum upgrade.
New York Stock Exchange officially announces tokenized trading platform, industry insiders optimistic about new opportunities in the crypto market
【BlockBeats】The New York Stock Exchange officially announced the development of a new tokenized trading platform, marking a formal embrace of blockchain settlement methods by traditional financial institutions. According to an official announcement from Intercontinental Exchange Group, this new digital platform will focus on the trading and on-chain settlement of tokenized securities and is currently submitting approval applications to regulatory authorities.
The new platform has many highlights. First, it supports 24/7 continuous operation, breaking the limitations of traditional exchanges constrained by working hours. Second, the real-time settlement capability significantly improves trading efficiency—compared to the traditional T+2 model, this is a qualitative leap. Additionally, the platform supports USD order placement and fund transfers based on stablecoins, making the user experience more flexible.
Once this news broke, the industry responded positively. Senior market insiders stated that upgrading traditional financial infrastructure is a major benefit for the entire crypto asset ecosystem. On one hand, it enhances market compliance and institutional recognition; on the other hand, it also brings new development opportunities and imagination space for crypto trading platforms.