Daily Market Updates: Blockchain.com and NYSE explore tokenized US stocks and ETFs

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Blockchain.com and NYSE explore tokenized US stocks and ETFs

The companies said the plan would move forward only after relevant regulatory approvals.

Reported · Written up by our desk · Market Structure

Blockchain.com and the New York Stock Exchange have signed an agreement to explore listing tokenized versions of US stocks and ETFs, according to The Block.

The initiative would be subject to regulatory approvals, the outlets said, as the partners evaluate how the tokenized products could be brought to market.

Bitcoin Magazine also described the effort as part of broader interest from Wall Street firms in using blockchain-related technology to introduce new trading products.

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Sources

The BlockBlockchain.com, NYSE plan access to tokenized US stocks and ETFs

Bitcoin MagazineNYSE and Blockchain.com Working Together To List Tokenized Stocks

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Blockchain.com and NYSE explore tokenized US stocks and ETFs

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Sources

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