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NYSE Group and Blockchain.com sign MOU to offer tokenized US stocks and ETFs

NYSE Group and Blockchain.com announced a memorandum of understanding to explore offering tokenized U.S.-listed stocks and exchange-traded funds to Blockchain.com's 44 million users, subject to regulatory approval.

The facade of the New York Stock Exchange building adorned with American flags, viewed from behind the bronze Fearless Girl statue.
Image: @coinbureau

NYSE Group and Blockchain.com announced a memorandum of understanding on Sept. 23 to allow Blockchain.com users to trade tokenized U.S. exchange-listed stocks and exchange-traded funds (ETFs) on the NYSE's planned digital alternative trading system. The proposed offering is subject to required regulatory approvals. Blockchain.com reports having more than 44 million confirmed accounts across over 70 jurisdictions.[1][5]

The agreement also establishes a two-way market data sharing arrangement between the entities. Under the MOU, NYSE affiliate ICE Data Services will distribute Blockchain.com's cryptocurrency pricing and analytics to institutional subscribers, while Blockchain.com will integrate real-time stock feeds from ICE and the NYSE into its application and its artificial-intelligence assistant, June.[1][4][5]

The NYSE unveiled its tokenized securities platform in January, designing it to support 24/7 trading, fractional orders, and blockchain-based settlement. Neither company has disclosed a launch date, which securities will be available, or which jurisdictions will qualify for access.[1][2][5]

Key facts

  • NYSE Group and Blockchain.com signed a memorandum of understanding announced on Sept. 23 to offer tokenized U.S.-listed stocks and ETFs via NYSE's planned digital alternative trading system, subject to regulatory approval.
  • Blockchain.com states that it has more than 44 million confirmed accounts spanning over 70 jurisdictions.
  • The agreement includes a two-way data partnership where ICE Data Services distributes Blockchain.com crypto analytics, and Blockchain.com integrates NYSE and ICE stock market feeds into its app.
  • NYSE introduced its tokenized platform plans in January, incorporating 24/7 trading, dollar-sized orders, and blockchain settlement.
  • The companies have not disclosed when users will be connected, which specific assets will be traded, or which jurisdictions will be eligible.

Sources · 5 sources

  1. UN

    UnchainedArticle ·

    Blockchain.com and NYSE Plan to Bring Tokenized Stocks to 44 Million Crypto Accounts Blockchain.com plans to offer its users tokenized versions of U.S. exchange-listed stocks and ETFs through the New York Stock Exchange , under a memorandum of understanding the crypto company and NYSE Group announced on Wednesday. The shares would trade on the NYSE’s previously announced digital alternative trading system, and the companies said access for Blockchain.com customers is subject to any required regulatory approvals . The companies said the tie-up is a way to put the NYSE in front of Blockchain.com’s crypto-native user base, which the company puts at more than 44 million confirmed accounts across over 70 jurisdictions. “People shouldn’t be limited in owning stocks based on where they happen to live or the brokerage and information they may or may not have access to,” said Peter Smith , Blockchain.com’s executive chairman, CEO and co-founder, in a statement. Market Data in Both Directions Under the MOU, ICE Data Services , an NYSE affiliate, would make Blockchain.com’s crypto data and analytics available to its subscribers. Blockchain.com’s app, for its part, would display real-time stock information from some of ICE’s and NYSE’s exchange feeds. “Blockchain.com’s international footprint and digital asset expertise make it a natural complement to our tokenized securities platform upon launch,” said Lynn Martin , president of NYSE Group, in a statement. ICE’s Widening Tokenization Bets The NYSE unveiled the tokenized securities platform in January, pairing its Pillar matching engine with blockchain-based settlement to support 24/7 trading , orders sized in dollars and stablecoin funding. In March, it signed a separate MOU with Securitize to help build the venue. The NYSE’s parent, Intercontinental Exchange , has also worked with crypto exchanges directly. In June, ICE and OKX agreed to set up a joint venture that would develop tokenized securities and digital asset infrastructure. Wednesday’s announcement came six days after the SEC granted a five-year exemption letting permissioned onchain venues built on automated market makers trade tokenized shares of listed companies without registering as exchanges. Related Listen: How Tokenized Stocks Could Undercut Interactive Brokers’ 77% Profit Margin The post Blockchain.com and NYSE Plan to Bring Tokenized Stocks to 44 Million Crypto Accounts appeared first on Unchained .

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  2. CR

    CryptoSlate@CryptoSlatePost on X ·

    NYSE and Blockchain․com are exploring a route into NYSE’s planned 24/7 market for tokenized US stocks and ETFs. Blockchain․com says it has more than 44 million confirmed accounts. Trading access still needs regulatory approval, with no launch date or eligible markets disclosed. Citi estimates tokenized financial assets could reach $5.5 trillion by 2030 in its base case. https://t.co/Zyb6Jd7jcy

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  3. CO

    CoinGape@CoinGapeMediaPost on X ·

    🚨 JUST IN: #Blockchaincom and the #NYSE have signed an agreement to explore offering #tokenized U.S.-listed stocks and #ETFs through the NYSE’s planned digital trading venue, subject to regulatory approval. https://t.co/is9gNPiXSG

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  4. LS

    Laura Shin@laurashinPost on X ·

    The Blockchain[com] and NYSE deal runs both ways on data. Blockchain[com]'s 44 million-plus accounts would get real-time NYSE and ICE stock data in its app, and ICE Data Services customers would get Blockchain[com]'s crypto data. https://t.co/JLnbSb9JSX

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  5. CR

    CryptoSlateArticle ·

    NYSE is assembling the pipes for a $5.5 trillion tokenized asset market NYSE is adding Blockchain.com as a prospective gateway to its planned round-the-clock market for tokenized US stocks. Blockchain.com and NYSE Group signed a memorandum of understanding that could give the crypto platform’s users access to US-listed shares and exchange-traded funds on NYSE’s planned digital trading venue, subject to regulatory approval, the companies said Sept. 23. The agreement also establishes a two-way market-data relationship spanning stocks and crypto. The deal gives NYSE another potential distribution channel into a crypto-native customer base before its tokenized securities market opens. Blockchain.com says it has more than 44 million confirmed accounts and already distributes tokenized US equities through a separate partnership with Ondo Finance. NYSE unveiled its digital platform in January with plans for 24-hour trading of tokenized US shares and ETFs, fractional orders, immediate on-chain settlement and stablecoin-based funding. The venue would support tokenized versions of traditionally issued securities alongside assets issued directly in digital form, while preserving shareholder rights such as dividends and voting. The push comes as Wall Street firms position for a potentially much larger market in blockchain-represented assets. Citi Institute estimates tokenized financial assets could reach $5.5 trillion by 2030 in its base case, from about $17 billion currently, with public equities and Treasuries expected to drive much of the expansion. Its bull case reaches $8.2 trillion. Citi estimates that if 10% of US retail investors adopt on-chain products by the end of the decade, demand for tokenized public equities alone could reach about $2.6 trillion. Around-the-clock access, fractional ownership, and faster settlement are among the features expected to draw digitally native investors toward the market. For NYSE, capturing that demand requires more than building the exchange infrastructure. It also requires reaching investors already accustomed to moving assets on blockchain rails. NYSE builds crypto distribution before venue launch Blockchain.com is the latest crypto platform being positioned as a front end for NYSE’s tokenization push. Intercontinental Exchange, NYSE’s parent, struck a strategic agreement with OKX in March that envisages giving the crypto exchange’s customer base access to NYSE tokenized-equity markets. OKX says it serves more than 120 million accounts globally, potentially giving the exchange another large pool of crypto-native investors. NYSE has separately brought Securitize into the infrastructure layer, naming the tokenization firm as the first digital transfer agent eligible to mint blockchain-native securities for issuers using the coming platform. That arrangement is designed to support issuance and on-chain settlement while the OKX and Blockchain.com relationships address distribution. Blockchain.com already has experience selling US equity exposure to crypto users. Its integration with Ondo Finance gives eligible customers in Europe access to more than 200 tokenized stocks and ETFs through the company’s DeFi wallet , following earlier rollouts in markets including Nigeria and South America. The prospective NYSE connection would take that strategy closer to traditional market infrastructure. NYSE’s planned venue is designed to trade tokenized securities within an exchange framework, including shares that are fungible with conventionally issued securities. The Sept. 23 agreement also starts connecting the companies before trading access becomes available. ICE Data Services plans to distribute Blockchain.com crypto pricing and analytics to its institutional data subscribers. Blockchain.com, in turn, intends to integrate ICE and NYSE feeds into its app, putting real-time stock information in front of its users. The company said some of the data will also feed June, its AI-based market assistant. That creates a two-way commercial relationship: ICE gains another source of digital-asset information for traditional financial clients, while Blockchain.com can broaden a crypto-heavy product into one that carries mainstream equity data. The trading component still depends on regulatory approval, and the companies have not disclosed when Blockchain.com users could connect to the NYSE venue, which securities would be available, or which jurisdictions would qualify. Those decisions will determine how far NYSE can expand beyond conventional brokerage channels. With OKX and Blockchain.com now lined up as prospective gateways, attention shifts to regulators and the venue’s eventual launch, when crypto platforms could begin competing to become the distribution layer between global investors and Wall Street’s emerging on-chain markets. The post NYSE is assembling the pipes for a $5.5 trillion tokenized asset market appeared first on CryptoSlate .

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