The New York Stock Exchange and Blockchain.com have signed a memorandum of understanding to collaborate in launching a tokenized US stock and ETF trading platform

The New York Stock Exchange has signed a memorandum of understanding with Blockchain.com, planning to allow Blockchain.com users to access the digital trading platform of the New York Stock Exchange, trade tokenized US stocks and ETFs, and establish market data relationships after regulatory approval. The digital platform of the New York Stock Exchange plans to provide 24-hour trading, on chain real-time settlement, and stablecoin funding for tokenized US stocks and ETFs. Citi Research Institute estimates that the benchmark size of tokenized financial assets in the 2030s will reach $5.5 trillion, with an optimistic scenario of $8.2 trillion. (Source: CryptoSlate)