Yahoo Finance·2026-02-22 18:30Core Insights - The NYSE is developing a blockchain-powered platform for 24/7 trading of tokenized stocks and ETFs, moving away from traditional trading hours [1] - Goldman Sachs CEO David Solomon emphasized the importance of tokenization in evolving markets and indicated that the firm may reassess its stance on digital assets as regulatory environments change [2][3] - Solomon also noted that traditional banks and crypto are not in a zero-sum competition, highlighting a growing acceptance of tokenization within Wall Street [7] Group 1: Tokenization and Market Evolution - The NYSE has created tokenization technology and is collaborating with regulators to integrate it into the existing financial framework [2] - Solomon stated that the evolution of markets is increasingly influenced by large-scale technology platforms, with tokenization playing a central role [3] - The NYSE's upcoming blockchain platform aims to facilitate continuous trading, which could enhance market efficiency [1] Group 2: Regulatory Environment and Financial System - Solomon criticized excessive regulations for extracting capital from the financial system, which he believes has negatively impacted market efficiency over the past five years [2] - The current regulatory climate may provide banks with more flexibility to engage with digital assets, prompting Goldman Sachs to reconsider its approach [2] - CFTC Chairman Michael Selig expressed a willingness to collaborate with both established and new market participants to develop innovative financial tools [1]