The New York Stock Exchange is partnering with digital asset firm Securitize to develop a platform for trading tokenized securities. The collaboration aims to create infrastructure for on-chain settlement, establishing standards for digital transfer agents and supporting an upcoming Digital Trading Platform. The initiative aligns with NYSE’s exploration of how tokenization can enhance capital markets while maintaining investor protections.
The New York Stock Exchange (NYSE) announced a partnership with software company Securitize to develop its tokenized securities trading platform. The companies will work on a digital transfer agent program intended to support on-chain settlement of tokenized security transactions.
They plan to collaborate on standards for digital transfer agents, focusing on regulatory, operational, and technology requirements. Securitize Markets is expected to become a broker-dealer participant on the NYSE’s upcoming Digital Trading Platform.
“The NYSE continues to lead the industry in responsible innovation,” said Lynn Martin, President of NYSE Group. “As we explore how tokenization can enhance capital markets, it is critical that new infrastructure is developed in a way that preserves the trust, transparency, and protections investors expect.”
“Securitize has spent years building the regulated infrastructure needed to bring real-world assets on-chain,” said Carlos Domingo, Co-Founder and CEO of Securitize. “We are proud to support NYSE in helping design the foundational transfer agent infrastructure for tokenized securities markets.”
The announcement follows the exchange seeking approval for the new platform in January. Companies could use it to issue securities represented as digital tokens on a blockchain.
The platform would offer 24/7 trading and settle trades instantly under the NYSE’s plan. Investors would also be able to use stablecoins to fund their transactions.
