NYSE working on a new platform for trading digital tokens around the clock

Group 1 - The New York Stock Exchange (NYSE) is developing a digital platform for 24/7 trading of digital tokens, separate from its traditional weekday operations [1] - This platform aims to enable instant settlement of transactions, dollar-sized orders, and stablecoin-based funding, enhancing trading flexibility [1] - The initiative is part of Intercontinental Exchange's strategy to expand transaction clearing capabilities for tokenized securities and potentially integrate tokenized collateral [3] Group 2 - Tokenization leverages blockchain technology to create digital tokens representing various assets, allowing for trading by anyone, anywhere, at any time [2] - Stablecoins, typically valued at $1, have increased the demand for tokenizing financial assets [2] - Intercontinental Exchange is collaborating with Citigroup, Bank of New York Mellon, and other lenders to facilitate tokenized deposits across its global clearinghouses [4]