CoinDesk••1 min read
NYSE Seeks SEC Approval for 24/7 Stock Trading via Blockchain Platform
The Signal TakeNeutral
The New York Stock Exchange (NYSE), owned by Intercontinental Exchange, is reportedly seeking SEC approval for a new blockchain-based platform. The development aims to provide 24/7 stock trading, catering to the increasing global demand for continuous market access. The proposed platform promises instant settlement and stablecoin funding. The move by the NYSE reflects an effort to accommodate weekend investors and meet the demand for round-the-clock markets by leveraging blockchain technology.
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