NYSE Blends Blockchain into Trading
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The New York Stock Exchange is embracing blockchain technology, aiming to integrate it into their existing infrastructure without replacing whats already in place. This approach allows for the tokenization of assets, enabling quicker settlements, 24/7 trading, and global accessibility. The exchange is currently testing ideas like near-instant trades and extended trading hours. While innovating, theyre committed to preserving the strengths of current markets, such as robust rules, clearing processes, and investor safeguards. The exchanges parent company, Intercontinental Exchange, has invested in crypto platform OKX and plans to offer traditional futures alongside tokenized stocks. The future may see a complete blurring of the line between regular and tokenized assets, but for now, the process is a gradual one.
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