The New York Stock Exchange announced it is collaborating with Securitize, a firm backed by BlackRock, to develop systems for trading tokenized securities around the clock. The partnership aims to establish standards for blockchain-native securities on an NYSE-affiliated digital trading platform. This move aligns with broader Wall Street experiments in on-chain trading infrastructure, following recent regulatory approvals for similar initiatives.
The New York Stock Exchange said Tuesday it is collaborating with Securitize to accelerate Wall Street’s shift toward digital asset trading infrastructure. The companies will work on developing standards for tokens representing stocks, bonds, and exchange-traded funds.
Securitize will serve as the first digital transfer agent for the NYSE’s Digital Trading Platform. This role will enable the creation of blockchain-native securities designed for round-the-clock trading on the affiliated platform.
The collaboration is part of a wider trend of traditional finance giants exploring blockchain-based systems. Last week, Nasdaq gained approval for a pilot program involving tokenized securities.
Securitize CEO Carlos Domingo has advocated for securities that are natively issued on-chain with full traditional rights. “This is about building tokenization in a way that works within real market structure, with the protections, controls, and operational integrity,” Domingo stated.
The firm acts as transfer agent for major tokenized products like BlackRock’s $2 billion BUIDL fund on Ethereum. In October, Securitize unveiled plans to list on the Nasdaq at a $1.25 billion valuation.
