The New York Stock Exchange is developing a new blockchain-based platform designed to support round-the-clock trading and instant settlement for tokenised stocks and exchange-traded funds.
The initiative forms part of a wider effort by the exchange to modernise market infrastructure through onchain settlement and digital asset integration.
The project is being developed by the NYSE in collaboration with its parent company, Intercontinental Exchange, and remains subject to regulatory approval.
The proposed platform would combine the NYSE’s existing Pillar matching engine with blockchain-based post-trade systems for custody and settlement.
ICE confirmed the platform is being built with multi-chain support to allow flexibility across different blockchain networks.
If approved, the technology would underpin a new NYSE trading venue dedicated to tokenised securities issued in digital form.
The platform would allow trades to be funded and settled in real time using stablecoins instead of the current one-day settlement cycle used in US equity markets.
Tokenised stocks represent traditional company shares recorded on a blockchain ledger, offering fractional ownership and continuous market access.