NYSE Plans Development of Tokenized Equity Trading Platform

According to NADA NEWS, the New York Stock Exchange is working on a blockchain-based system enabling the trading of tokenized stocks.

Summary

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Terms & Concepts
  • Tokenized equity: Digital representation of traditional company shares recorded on a blockchain, enabling faster and potentially more transparent trading.
  • Blockchain: A decentralized digital ledger technology that records transactions securely and transparently across a network.