New York Stock Exchange develops tokenized securities platform

Tech

New York Stock Exchange develops tokenized securities platform

• NYSE announces a platform enabling on-chain settlement and 24/7 trading of tokenized securities.
• The platform combines NYSEs Pillar engine with blockchain systems, supporting multiple settlement chains.

The New York Stock Exchange and its parent company, Intercontinental Exchange (ICE), are building a platform to support trading and on-chain settlement of tokenized securities, according to a Monday press release.

Pending regulatory approvals, the system will allow continuous trading, instant settlement, and stablecoin funding while supporting multiple blockchain networks. Tokenized shareholders will receive dividends and governance rights like traditional investors.

The platform reflects ICEs wider digital infrastructure plans, including 24/7 clearing, tokenized deposits, and cross-border fund management, designed to modernize market operations while maintaining regulatory standards.

The Atlanta-based exchange operator said it is collaborating with major banks like BNY and Citi to expand its tokenized deposit infrastructure to support liquidity, margin obligations, and cross-border funding needs.

“Supporting tokenized securities is a pivotal step in ICEs strategy to operate on-chain market infrastructure for trading, settlement, custody, and capital formation in the era of global finance,” said Michael Blaugrund, Vice President of Strategic Initiatives at ICE.