NYSE dey request approval make dem fit trade tokenized shares 24/7 wit instant on-chain settlement

New York Stock Exchange (NYSE), wey dey part of Intercontinental Exchange (ICE), don apply make regulators approve make dem start dedicated trading venue for natively issued tokenized securities and tokenized versions of US-listed equities and ETFs. The proposed platform go join NYSE Pillar matching engine with blockchain-based post-trade infrastructure to allow 24/7 trading, USD-denominated (dollar-sized) orders, fractional shares, and instant on-chain (T+0) settlement wey stablecoins go fund instead of normal bank wires. The proposal dey preserve dividend and governance rights for token holders and e go open to qualified broker-dealers on non-discriminatory basis. NYSE talk say e go support multiple blockchains and allow wallet-based custody instead of centralized depositories, but dem never name specific chains or stablecoins. Intercontinental Exchange dey prepare complementary clearing and liquidity solutions, including tokenized deposits with partner banks to help clearing members manage margin and liquidity outside banking hours. Industry reaction dey cautious but optimistic: supporters dey highlight benefits for continuous trading, real-time risk/collateral management and freed-up liquidity; skeptics dey ask make dem clear network choice, costs, scalability and regulatory readiness. Related initiatives like Tokenovate’s programmable settlement protocol Novat dey mentioned. Regulatory approval still be the main hurdle; if dem grant am, NYSE go run traditional and digital markets side-by-side, fit change settlement timelines, custody models and trading-hour dynamics for US equities.