NYSE taps Securitize for development of tokenized securities markets

The New York Stock Exchange has partnered with Securitize to develop infrastructure for tokenized securities trading.

Securitize will serve as a digital transfer agent, enabling the issuance of blockchain-based securities on the NYSE’s tokenization platform.

The Nasdaq recently received SEC's approval to begin trading tokenized securities on its platform.

The New York Stock Exchange (NYSE) has signed a memorandum of understanding (MOU) with Securitize to develop infrastructure supporting tokenized securities, according to a statement on Tuesday.

Securitize to power NYSE tokenized securities initiative

Under the agreement, the firms will collaborate to build a digital transfer agent framework to enable onchain settlement of tokenized securities. The initiative will focus on establishing standards for regulatory compliance, operational processes, and technical requirements, ensuring tokenized assets maintain the same investor protections and transparency as traditional securities.#NYSE #freedomofmoney