NYSE President: Exchange Felt Duty to Enter Tokenization Market
The NYSE president told reporters the exchange “felt a duty” to move into tokenized assets, part of a broader push to modernize market infrastructure. Management confirmed a plan to roll out 24/7 trading for tokenized securities later this year, signaling a shift from traditional market hours and an embrace of blockchain-based representations of equities and other instruments.
The development matters because a legacy exchange offering round-the-clock trading could broaden access and liquidity for tokenized products and accelerate institutional adoption. It also raises questions about custody, settlement models and regulatory oversight as traditional exchanges adapt to continuous trading. Competitors and market participants will be watching closely for the NYSE’s execution and the regulatory guardrails that follow, which could set standards for mainstream tokenization efforts.