NYSE plans platform for round-the-clock trading of digital tokens

Tokenization uses blockchain technology that powers cryptocurrencies to create digital tokens as stand-ins for things like stocks, bonds, real estate or even fractional ownership of a piece of art that can be traded like crypto by virtually anyone, anywhere at any time. Stablecoins, which are a type of cryptocurrency typically bought and sold for US$1, have helped fuel the appetite to tokenize other financial assets.Assuming it meets regulatory scrutiny, the platform would power a new NYSE venue that would ...