Regulatory approvals are a key next step before the platform can operate publicly.

The initiative aims to combine trusted regulatory oversight with advanced blockchain technology to enhance safety, transparency, and accessibility for investors.

The New York Stock Exchange (NYSE) is developing a blockchain-based platform to enable 24/7 trading of tokenized stocks and ETFs, expanding access beyond traditional market hours.

Intercontinental Exchange announced a platform for 24/7 trading and on-chain settlement of tokenized securities, leveraging industry momentum toward extended-hours trading and on-chain infrastructure.

The platform will enable dollar-sized orders, instant settlement, and stablecoin-based funding, with ICE seeking regulatory clearance.

Key design features include instant on-chain settlement, stablecoin-denominated funding and orders, and collaboration with traditional institutions like BNY Mellon and Citigroup for broader integration.

Potential investor and market impacts include lowering entry barriers, boosting global and continuous liquidity, faster and more transparent on-chain settlement, and enabling fractional and programmable ownership.

Investors will be able to buy stocks in fractional amounts using stablecoins, enabling funding and transfers even when traditional banks are closed.

Lynn Martin emphasizes NYSE Group’s readiness to merge traditional market standards with cutting-edge tech to build investor trust.

ICE operates six clearing houses worldwide and envisions tokenized securities as central to an on-chain market infrastructure for trading, settlement, custody, and capital formation.

The platform will combine NYSE’s Pillar matching engine with blockchain-based post-trade systems and multi-chain custody/settlement, supporting both native digital tokens and tokenized traditional shares, with ownership recorded on a blockchain while preserving rights like dividends and voting.

ICE is pursuing a broader digital strategy with 24/7 trading, on-chain settlement, and tokenized deposits supported by banks such as BNY Mellon and Citigroup to back clearing member margins across time zones.