NYSE Announces Development of On-Chain Settlement Platform for Tokenized Securities
TechFlow News, August 10. According to "Digital Assets", Lynn Martin, President of the New York Stock Exchange (NYSE), attended the "Modernization of Korea's Capital Market and Enhancement of Global Competitiveness" seminar at the National Assembly Hall in Seoul on August 10 and delivered a keynote speech. Lynn Martin stated that NYSE is developing an on-chain settlement platform for tokenized securities and participated in The Depository Trust & Clearing Corporation (DTCC)'s tokenization pilot project in July this year.
She also revealed that NYSE has received SEC approval and plans to implement a near-24/7 trading mechanism of 5 days a week, 23 hours a day starting from December, becoming the first U.S. exchange operator approved to extend trading hours. Lynn Martin emphasized that NYSE is currently at a key turning point in the convergence of traditional finance and Decentralized Finance (DeFi), and is committed to becoming a core infrastructure provider for the future global financial market.
