"US Stock Trading Revolution" NYSE advances tokenized securities platform, ushering in the era of 24/7 trading

A market survey conducted last April showed that traditional investors’ desire for “buying and selling anytime, anywhere” is increasing. This market signal has ultimately become a reality—recently, the New York Stock Exchange (NYSE) announced it is developing a tokenized securities trading platform, aiming to fundamentally rewrite the US stock investment experience. Once regulatory approval is obtained in the future, investors will be able to buy and sell tokenized US stocks and ETFs 24/7, breaking the traditional market’s “9-to-5, weekend off” trading framework.

Market Demand Drives Change—Investors’ Desire for Anytime Trading

Traditional US stock trading has been limited to the NYSE trading hours (9:30 AM to 4:00 PM Eastern Time), and global investors can only trade within specific time windows. This time restriction is out of place in the era of globalization—Asian investors can only trade late at night, European investors need to wake up early. The launch of the tokenized securities platform will fundamentally change this phenomenon, making US stocks truly “24-hour global liquid assets.”

Technological Innovation Foundation—The Perfect Combination of Blockchain and Traditional Matching

The NYSE has put considerable effort into the technical architecture design. The platform will integrate NYSE’s proprietary Pillar matching engine (core trading matching system) and introduce blockchain-based post-trade infrastructure to achieve multi-chain settlement and asset custody. This means that tokenized US stocks are not just simple “labeling,” but a fusion of traditional market trading depth, liquidity, and the efficiency advantages of blockchain.

The platform plans to support two major asset categories: one is “tokenized stocks” with the same legal effect as traditional stocks; the other is assets issued natively in the form of “digital securities.” The NYSE emphasizes that even if assets are tokenized, shareholders’ dividend distributions and voting rights will remain unchanged—an important guarantee for traditional investors.

ICE’s Grand Blueprint—Comprehensive Construction of a Tokenized Ecosystem

This tokenized securities platform is not an isolated project but part of Intercontinental Exchange (ICE)’s broader digital strategy. ICE’s ambition is to upgrade the entire financial market’s clearing infrastructure, paving the way for 24-hour, around-the-clock trading.

More interestingly, ICE has partnered deeply with BNY Mellon and Citibank to promote the application of “tokenized deposits” in clearinghouses. This means clearing members can manage funds outside banking hours and meet margin requirements across different jurisdictions and time zones—transforming the entire financial backend into a “full-chain” system.

Shareholder Rights Protection—Tokenization Does Not Change Core Rights

Lynn Martin, President of the NYSE Group, stated: “For over two centuries, the NYSE has always led market innovation. We are guiding the industry toward a ‘full on-chain’ solution. Under the highest regulatory standards and security guarantees, we will perfectly blend market trust with cutting-edge technology.”

The implication behind this statement is that US stock tokenization is not about breaking tradition but about protecting it while adding new liquidity and efficiency to the market. Investors need not worry that tokenization will weaken shareholder rights—dividends, voting, governance rights, and other core interests will be fully preserved. Tokenization simply changes the timing and manner of trading.

Once regulators approve in the future, this US stock trading revolution will truly begin. Global investors may bid farewell to time zone issues and enjoy genuine 24/7 trading freedom.