The NYSE plans to launch a 24/7 blockchain-based platform for trading tokenized stocks and ETFs, signaling that regulated financial incumbents are increasingly leading tokenization efforts.
Gold tokenization has gained momentum as Gold’s rally drives rapid growth in tokenized gold trading, with assets such as XAUT and PAXG surpassing many conventional gold ETFs in volume and finding broader use in DeFi to generate yield.
In the Ethereum ecosystem, a surge in transactions and active addresses is being observed, though analysts caution that much of this activity stems from low-cost address-poisoning schemes rather than genuine user adoption, underscoring ongoing security burdens that could hinder mainstream blockchain usage.
NYSE has announced plans to develop a blockchain-based trading system that would support around-the-clock trading of tokenized equities and ETFs, signaling a shift in leadership toward traditional financial institutions in the asset-tokenization race.
The move signals that traditional financial institutions are increasingly leading the asset-tokenization race.
The development underscores a shift toward on-chain trading of tokenized assets.
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