Blockchain.com and NYSE Plan to Bring Tokenized Stocks to 44 Million Crypto Accounts
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.
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What it means
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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
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Has this happened before?
Nothing comparable yet.