- Blockchain.com and the New York Stock Exchange signed an MOU to offer tokenized US stocks and ETFs through NYSE’s planned digital trading platform
- ICE Data Services will distribute Blockchain.com’s crypto market data while Blockchain.com integrates NYSE data feeds
- Tokenized stock distributed value reached $3.14 billion with 3.87 million holders, up 18% and 72% respectively over 30 days
- The SEC‘s five-year Innovation Exemption permits tokenized trading but excludes products like Kraken‘s xStocks
Blockchain.com and the New York Stock Exchange have signed a memorandum of understanding to give Blockchain.com users access to tokenized US-listed stocks and exchange-traded funds through NYSE’s planned digital trading platform. The proposed arrangement, subject to regulatory approval, would extend NYSE’s tokenized securities offering to Blockchain.com’s global customer base.
Consequently, NYSE affiliate ICE Data Services plans to distribute Blockchain.com’s crypto market data and analytics to its clients, while Blockchain.com would add certain ICE and NYSE market data feeds to its platform.
TD Securities vice president Reid Noch said the tokenized ATS appears “primarily like a play for retail flow,” citing its planned 24/7 trading and request-for-quote functionality. “The bigger differentiator is true weekend trading,” Noch said.
Meanwhile, Talos senior research associate Tanay Ved said this shift is playing out across major exchanges as crypto venues become multi-asset platforms. Tokenized stock distributed value reached $3.14 billion as of Wednesday, up more than 18% over the past 30 days, while holders climbed nearly 72% to 3.87 million, according to RWA.xyz data.
The partnership comes less than a week after the SEC introduced a five-year Innovation Exemption for eligible tokenized securities venues. Under the exemption, venues can use permissioned automated market maker liquidity pools without being treated as exchanges under the Exchange Act.
However, those requirements exclude products like Kraken’s xStocks and Robinhood’s Stock Tokens, which do not give holders the same rights as conventional shareholders. SEC Commissioner Hester Peirce said the exemption covers one specific model but leaves open other approaches outside the framework.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
