NYSE moves toward blockchain onchain settlement for tokenized securities and near real-time trading

The New York Stock Exchange (NYSE) is developing a blockchain-powered settlement infrastructure for tokenized securities, including capabilities aimed at faster settlement and 24/7 trading. Reporting on the initiative says the approach involves integration with Intercontinental Exchange and includes stablecoin use in the settlement process ^{[1] [2]}.

NYSE President Lynn Martin said the exchange is advancing an onchain settlement platform for tokenized securities after participating in a tokenization pilot run by the Depository Trust & Clearing Corporation (DTC) in July. Additional coverage frames the effort as a way to explore onchain technology as potential infrastructure linking traditional finance with DeFi ^{[3] [4]}.

The NYSE’s onchain settlement work centers on tokenized securities and aims to support real-time or near-real-time settlement, alongside ongoing participation in industry tokenization pilots ^{[1] [3]}.