The New York Stock Exchange (NYSE) has announced plans to launch 24/7 trading for tokenized assets. This initiative marks a significant step into the digital asset space for the traditional stock exchange.
According to the NYSE president, the exchange felt a responsibility to enter the tokenization space, aiming to provide investors with more flexible trading options. The move is expected to enhance liquidity and accessibility for a variety of digital assets.
Details regarding the specific assets to be tokenized and the timeline for the launch are still emerging. The NYSE's entry into this market could potentially influence other traditional financial institutions to explore similar offerings.
Key facts
- The NYSE plans to offer 24/7 trading for tokenized assets.
- This marks the exchange's entry into the digital asset space.
- The initiative aims to increase liquidity and accessibility.
- Details on specific assets and launch timeline are still emerging.
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