NYSE taps Securitize to develop 24/7 tokenized securities platform

The New York Stock Exchange has partnered with Securitize in its push to bring equities trading onto blockchain rails through its own tokenized securities platform.

Under the arrangement, Securitize will enable the creation and management of tokenized shares for stocks and exchange-traded funds, allowing them to be issued and traded onchain, Securitize announced Tuesday. The Wall Street Journal first reported the news.

NYSE previously outlined plans to build a tokenized securities venue capable of 24/7 trading in January. The partnership with Securitize formalizes a core piece of that infrastructure.

Securitize specializes in the tokenization of real-world assets, converting traditional financial instruments into blockchain-native representations that can be traded more efficiently. The firm has worked with institutions including BlackRock, which earlier launched a tokenized fund through Securitize’s platform.

Tokenization trend

Exchanges and asset managers are accelerating efforts to integrate tokenization into existing systems. Proponents tout the technology’s promise of faster settlement, expanded trading hours, and improved capital efficiency, but mass adoption is still subject to evolving regulations.

NYSE rival Nasdaq recently teamed up with crypto exchange Kraken to connect tokenized equities with decentralized finance networks.

The U.S. Securities and Exchange Commission has also begun opening the door to pilot programs and industry engagement on the structure of tokenized securities. Officials, including Hester Peirce, have encouraged firms exploring tokenization to engage directly with regulators, signaling a more accommodative stance.