NYSE and Blockchain.com Sign Deal for 24/7 Tokenized Stock Trading
The partnership enables global access to tokenized US equities via a digital platform. Users gain round-the-clock trading and real-time market data feeds.
Key points
- NYSE and Blockchain.com signed a deal to enable 24/7 trading of tokenized US stocks and ETFs.
- The platform supports fractional trading, stablecoin funding, and onchain settlement for global users.
- ICE Data Services and Blockchain.com will exchange crypto and stock market data feeds.
NYSE and Blockchain.com signed a memorandum of understanding to enable 24/7 trading of tokenized US stocks. This move extends traditional equity access beyond standard market hours for global users.
The agreement allows Blockchain.com’s 44 million verified accounts to access these digital assets. Regulatory approval remains the final hurdle before the platform becomes operational for customers.
Digital platform supports continuous settlement
The planned NYSE digital venue supports onchain settlement and fractional trading of securities. This infrastructure allows users to buy small portions of high-priced stocks with ease.
Stablecoin-based funding is also integrated into the proposed trading environment. This feature reduces friction in capital allocation for international investors seeking US exposure.
Market data flows expand globally
ICE Data Services will distribute Blockchain.com’s crypto analytics to its institutional clients. This exchange creates a two-way flow of financial information between the two networks.
Blockchain.com will add selected NYSE and ICE data feeds to its application. These real-time stock updates enhance the utility of the platform for active traders.
Existing tokenized stock offerings grow
Blockchain.com already offers over 200 tokenized US stocks across 30 European markets. This service operates through a partnership with Ondo Finance and licensed US custodians.
The company recently joined Nigeria’s regulatory incubation program for digital assets. According to CoinGape, this expansion signals a broader push into African markets for tokenized products.
