What to know:
- The New York Stock Exchange has tapped BlackRock-backed tokenization specialist Securitize to help design its tokenized securities platform.
- Securitize, an SEC-registered transfer agent, is expected to be among the first to mint tokenized stocks and ETFs on the platform, pending regulatory approval.
- The move underscores a broader push by NYSE and Nasdaq to move stock trading onto blockchain rails, offering around-the-clock trading and near-instant settlement.
The New York Stock Exchange, owned by ICE, is working with Securitize, a company specializing in tokenization, to build the systems needed for trading tokenized securities. This partnership was announced Tuesday, according to a press release shared with CoinDesk.
Securitize plans to become a publicly traded company this year by merging with Cantor Equitize Partners (CEPT). Shares of CEPT are up 6% in premarket trading, while Intercontinental Exchange (ICE) shares remain unchanged.
The two companies have agreed to work together to create the New York Stock Exchange’s new Digital Trading Platform. Securitize will help design the platform, specifically focusing on how ownership records and corporate actions will be managed when securities are bought and sold using blockchain technology.
Securitize, a company supported by major financial firms like BlackRock and Ark Invest and officially registered with the SEC, is likely to be one of the first able to create digital versions of stocks and ETFs on its platform, assuming it receives the necessary regulatory permissions.
As a researcher following this company, I’ve noted that their broker-dealer division could also actively trade these assets, which would allow them to participate in both the initial sale and ongoing market activity – essentially covering all aspects of the process.
This development coincides with major stock exchanges, such as the NYSE and Nasdaq, increasingly focusing on tokenization to integrate blockchain technology into stock trading. This technology could allow for 24/7 trading and almost immediate settlements, much like how cryptocurrency markets operate.
Intercontinental Exchange, the owner of the New York Stock Exchange, recently invested in the crypto exchange OKX to create digital versions of stocks and related financial products. Meanwhile, Nasdaq, a competitor to the NYSE, received permission to launch its own system for trading tokenized stocks and is partnering with Kraken to offer these digital stocks worldwide.
Lynn Martin, President of NYSE Group, emphasized that as we look at using tokenization to improve capital markets, it’s vital to build new systems that maintain investor trust, openness, and safeguards.
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2026-03-24 15:37