Intercontinental Exchange(US:ICE) Xin Lang Cai Jing·2026-01-20 00:41Core Insights - The New York Stock Exchange (NYSE) is leveraging blockchain technology to create a trading platform for tokenized stocks and exchange-traded funds (ETFs) for 24/7 trading [1][2] - The new digital trading platform is expected to launch later this year, pending regulatory approval [1][2] - NYSE aims to combine its existing matching technology with a private blockchain network to provide real-time trading support for tokenized securities [1][2] Group 1 - Michael Blaugrund, Vice President of Strategic Planning at Intercontinental Exchange, stated that this marks the evolution of NYSE's trading capabilities from trading floors and electronic order books to blockchain technology [1][2] - The new platform is designed to broaden investor participation and create new opportunities for retail investors, particularly in markets funded by stablecoins [1][2] - NYSE is actively communicating with the U.S. Securities and Exchange Commission regarding the operational licensing of the new platform [1][2] Group 2 - The digital trading infrastructure will support real-time fund transfers and settlements, contrasting with the current T+1 settlement mechanism prevalent in the stock market [1][2] - Blaugrund emphasized that the platform meets the growing demand from retail investors who wish to complete a transaction and immediately reinvest the funds [1][2] - NYSE's initiative aims to redefine the core aspects of stock definition, issuance, and settlement, which could determine the integration of tokenization into Wall Street's financial system [1][2]