The New York Stock Exchange, run by Intercontinental Exchange (ICE), is building a blockchain-based trading platform for tokenized securities that would settle instantly and run 24/7. The system aims to combine the exchange’s trading technology with blockchain post-trade systems and support settlement across multiple blockchains, and the launch remains subject to regulatory approval (Ed. note: the firm has not provided a timeline).
The platform will allow trading of tokenized shares of traditional securities and native tokenized securities while preserving investor rights to dividends and governance. ICE said it will integrate trading, settlement, custody, and capital-formation services on-chain.
The firm is working with banks BNY and Citi to handle tokenized deposits and move funds across clearinghouses outside standard banking hours and across time zones. A company representative did not immediately respond to a request for comment.
Lynn Martin, President of NYSE Group, said, “For more than two centuries, the NYSE has transformed the way markets operate… We are leading the industry toward fully on-chain solutions, grounded in the unmatched protections and high regulatory standards that position us to marry trust with state-of-the-art technology.” ICE VP Michael Blaugrund added, “Since its founding, ICE has propelled markets from analog to digital… Supporting tokenized securities is a pivotal step in ICE’s strategy to operate on-chain market infrastructure for trading, settlement, custody, and capital formation in the new era of global finance.”
Tokenization has seen rising interest across finance. BlackRock CEO Larry Fink called it “the next major evolution in market infrastructure.” Recent moves include Robinhood launching tokenized equities in Europe and Coinbase planning tokenized equity support in early 2026.
