NYSE Developing Platform for Tokenized Stocks and ETFs: Report
The New York Stock Exchange (NYSE) is reportedly developing a platform for tokenized securities. According to reports, the platform aims to enable round-the-clock settlement of trades. The development signals traditional financial institutions' increasing interest in blockchain technology and the tokenization of assets. The move by the NYSE could potentially bring greater efficiency and accessibility to trading stocks and ETFs, though further details about the platform's functionality and launch timeline remain unspecified.
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