• NYSE President Lynn Martin cites responsibility to join tokenization conversation amid blockchain finance surge. • Exchange has built tokenization tech, collaborating with regulators to fit tokens into existing frameworks. • Planned 24/7 blockchain platform aims to trade tokenized stocks and ETFs later this year. • No specific launch date yet; regulatory approval needed before go‑live. • Tokenization promises faster settlement, continuous trading, and programmable financial products. • NYSE learning from past liquidity and stability challenges to improve market resilience.
Article Summaries:
- NYSE President says exchange felt ‘responsibility’ to enter tokenization space The exchange is expected to launch 24/7 trading of tokenized assets later this year. What to know: - New York Stock Exchange President Lynn Martin said the exchange felt a responsibility to engage in tokenization as blockchain-based finance gains momentum. - The NYSE has developed tokenization technology and is working with regulators to determine how tokenized assets can fit within the existing financial framework. - The exchange is preparing a blockchain-powered platform that could allow 24/7 trading of tokenized
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