NYSE Group and Blockchain.com signed a non-binding memorandum of understanding on Sept. 23 that could make the crypto platform a distribution channel for tokenized U.S.-listed stocks and exchange-traded funds on NYSE’s planned digital alternative trading system, subject to regulatory approval. The arrangement could give Blockchain.com’s more than 44 million confirmed accounts access to tokenized shares and ETFs, while its customer base spans more than 70 jurisdictions. The companies have not disclosed a launch date, eligible jurisdictions or which securities would be offered first. The agreement also establishes a two-way market-data relationship: ICE Data Services plans to distribute Blockchain.com’s crypto pricing and analytics to subscribers, while Blockchain.com intends to embed certain ICE and NYSE feeds in its app, providing real-time stock information. The partnership builds on Blockchain.com’s existing access to more than 200 tokenized stocks and ETFs for eligible European customers through Ondo Finance. NYSE’s planned venue, announced in January, is designed for 24-hour trading, fractional orders, immediate on-chain settlement and stablecoin-based funding, while preserving rights such as dividends and voting for tokenized traditionally issued securities. Citi Institute forecasts a $5.5 trillion base case for tokenized assets by 2030. ICE has separately named Avalanche for a 24/7 on-chain trading platform, while Blockchain.com joined TP ICAP’s Fusion Digital Assets as a liquidity partner.