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NYSE-parent Intercontinental Exchange develops platform for 24/7 tokenized securities trading
Intercontinental Exchange said on Monday that it had developed a platform for trading and on-chain settlement of tokenized securities, in a move to capitalize on global demand for U.S. equities. NYSE’s new digital platform - for which it will seek regulatory approvals - will enable 24/7 operations, instant settlement, orders sized in dollar amounts, and stablecoin-based funding, the exchange said. Investor appetite for nonstop trading in U.S. stocks has spiked in recent years which has prompted regulators to introduce new rules and approve proposals from major exchanges to enable trading beyond normal market hours. ... (full story)
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