NYSE and Blockchain.com Explore Tokenised Stocks
The New York Stock Exchange and crypto brokerage Blockchain.com are collaborating to explore selling tokenised versions of US-listed stocks and exchange-traded funds on the blockchain. The partnership also includes a data agreement to distribute market analytics across their respective platforms.
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The New York Stock Exchange and Blockchain.com will explore creating crypto versions of United States-listed stocks, according to a press release issued Wednesday afternoon. The partnership marks the latest push by mainstream financial venues into blockchain-based tokenisation. The initiative aims to capture growing investor demand for digital assets pegged to traditional equities and ETFs.
