Blockchain.com, NYSE Group Sign Tokenized Stocks Deal — SkimNews
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- Blockchain.com signed a memorandum of understanding with NYSE Group to offer tokenized U.S. stocks and ETFs through the exchange's planned 24/7 digital trading venue, subject to regulatory approval.
- Intercontinental Exchange, NYSE's parent, announced in January it's building the venue as a digital alternative trading system with on-chain settlement, though the platform isn't live and no launch date was disclosed.
- The deal bundles a data-sharing component: ICE Data Services will distribute Blockchain.com's crypto market data to its subscribers, while Blockchain.com will add NYSE and ICE feeds to its app.
- Blockchain.com says it has more than 44 million confirmed accounts across 70+ jurisdictions, giving NYSE a pipeline to crypto-native investors for tokenized securities.
- The pact lands just after the SEC unveiled an "innovation exemption" letting qualifying venues trade tokenized U.S. stocks on public blockchains without registering as exchanges, days after the Clarity Act stalled in the Senate.
- Blockchain.com confidentially filed for a U.S. IPO in May, while rival Coinbase launched tokenized stocks on its Base Ethereum layer-2 network for non-U.S. users in August.
Why it matters: The MOU links Blockchain.com's 44 million-user crypto base to NYSE's not-yet-live 24/7 digital ATS, while ICE simultaneously picks up a new crypto data feed to distribute — making tokenized equities a two-way pipeline between crypto-native traders and traditional market infrastructure rather than a one-sided retail product.
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