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Blockchain.com and NYSE Plan to Bring Tokenized Stocks to 44 Million Crypto Accounts

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Blockchain.com and NYSE Group announced a memorandum of understanding to bring tokenized versions of U.S. exchange-listed stocks and ETFs to Blockchain.com users. The plan is tied to Blockchain.com’s platform and the New York Stock Exchange, with the rollout framed as a debut of tokenized stocks.

Key claims & sources

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Blockchain.com and NYSE Group announced a memorandum of understanding to offer tokenized versions of U.S. exchange-listed stocks and ETFs through the New York Stock Exchange.
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The plan is aimed at Blockchain.com users, which the company says are 44 million crypto accounts.
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The New York Stock Exchange and Blockchain.com signed a memorandum of understanding to debut tokenized stocks.
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The move is framed as a listing effort for tokenized stocks by the New York Stock Exchange and Blockchain.com.

What it means

Users of Blockchain.com are the people who would notice this first, because the plan is to bring tokenized U.S. exchange-listed stocks and ETFs into those accounts. That means the product scope for those accounts would include stock and ETF exposure in tokenized form, not just crypto assets.

Market reaction i

Total crypto marketall crypto assets combined no single asset in the event: read against the whole market

We only have 0 data points in that window. The series is stored every half hour, so newer events will have it. Computing it from two points would not be a reaction, it would be a coincidence.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

+3 h 32 m
Sep 23 17:33
Bitcoin Magazine context
Its angle: intercontinental, infrastructure, increasingly; with quotes