NYSE, Blockchain.com in tie-up to bring tokenized US stocks to crypto users
- Published
NYSE Group and Blockchain.com signed a preliminary agreement to give Blockchain.com users access to tokenized U.S. stocks and ETFs through NYSE’s planned digital trading platform. The arrangement is still subject to regulatory approval, and it sits within a wider push by exchanges to add new trading venues.
Key claims & sources
What it means
Blockchain.com users are the clearest group affected right now, because the deal points to access to tokenized U.S. stocks and ETFs through NYSE’s planned digital trading platform. That is the immediate change they would notice tomorrow morning if the arrangement moves forward, while the current status remains only a preliminary agreement.
In practice, the setup changes what Blockchain.com users could reach through the exchange relationship, but it does not yet change anything for them because regulatory approval is still pending. The planned platform is the part that would deliver the access, and that part is not live in the material provided. (per cointelegraph.com)
Market reaction i
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Coverage timeline
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Cointelegraph
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