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2 Kommentare
tldr; The New York Stock Exchange (NYSE) plans to launch a platform for trading tokenized securities with 24/7 crypto-style trading. The platform will enable fractional-share purchases, dollar-sized orders, and immediate settlement using tokenized capital and stablecoins. It combines NYSE’s Pillar matching engine with blockchain-based post-trade systems. Subject to regulatory approval, the platform will support fungible tokenized shares and natively issued digital securities, aiming to modernize market infrastructure for a digital future.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This makes a lot of sense in terms of the settlement process and hopefully curbs / stops (naked) short selling.