New York Stock Exchange (NYSE) Plans Transition to Tokenization
The New York Stock Exchange (NYSE:ICE) announced today its intent to offer tokenized securities. The plan by the “big board” to move into digital asset securities is emblematic of the realization that eventually all securities will be digital.Tokenization, or digital securities, on the NYSE platform will offer 24/7 trading in traditional securities, newly issued tokens, and ETFs. It will also offer fractional share trading, a service that has become popular on more modern brokerages.Settlement will be immed ...