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Stock impact report

NYSE Moves Toward On-chain Markets With Tokenized Securities Platform [Yahoo! Finance]

Intercontinental Exchange Inc. (ICE) 
Last intercontinental exchange inc. earnings: 4/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.theice.com
Company Research Source: Yahoo! Finance
settlement of tokenized securities, marking a step toward digitizing core market infrastructure. The exchange said it will seek regulatory approvals before launching the platform, which is designed to support tokenized trading alongside traditional securities markets. NYSE's proposed digital platform is designed to allow continuous 24/7 trading with near-instant settlement, orders denominated in dollar amounts, and stablecoin-based funding. The architecture combines the exchange's Pillar matching engine with blockchain-based post-trade systems, allowing settlement and custody across multiple blockchains. Subject to regulatory clearance, the platform will be part of a new NYSE venue supporting both tokenized shares that are fungible with traditionally issued securities and tokens natively issued as digital securities. Tokenized shareholders would retain the same economic and governance rights as conventional shareholders, including dividends and voting rights. NYSE said the v Show less Read more
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