NYSE Embraces Tokenization, Paving the Way for 24/7 Trading
The New York Stock Exchange (NYSE) is actively pursuing tokenization, a process that transforms traditional assets into blockchain-based tokens, with plans to launch a 24/7 trading platform for these assets later this year. This move reflects a growing recognition of the potential of blockchain technology to revolutionize financial markets.
NYSE’s “Responsibility” to Engage in Tokenization
Facing increasing momentum in blockchain-based finance, NYSE President Lynn Martin stated the exchange felt a “responsibility” to engage in tokenization. This initiative involves developing tokenization technology and collaborating with regulators to integrate tokenized assets into the existing financial framework. Martin articulated this sentiment at the World Liberty Forum in Palm Beach on Wednesday, February 18, 2026.
What is Tokenization?
Tokenization involves representing real-world assets, such as stocks or bonds, as digital tokens on a blockchain. This process offers several potential benefits, including faster settlement times, the ability to trade around the clock, and the creation of more flexible and programmable financial products.
24/7 Trading on the Horizon
Currently, the NYSE operates within a traditional trading window of 6.5 hours, five days a week. Yet, the exchange is preparing a blockchain-powered platform that aims to enable continuous, 24/7 trading of tokenized stocks and Exchange Traded Funds (ETFs). The launch date and specific details of this platform are still pending regulatory approval.
Regulatory Collaboration
The NYSE is working closely with regulatory bodies, including the Commodity Futures Trading Commission (CFTC), to navigate the legal and operational challenges of tokenized assets. CFTC Chairman Michael Selig emphasized the commission’s willingness to collaborate with both established financial institutions and new entrants to foster innovation in the space. Selig stated the CFTC is “ready to build with the incumbents, new entrants, old technologies, new technologies.”
Lessons Learned from Traditional Markets
Martin highlighted that the NYSE is applying lessons learned from past market stresses, particularly those related to liquidity and stability, to the development of its tokenization technology.
NYSE’s Tokenization Platform Development
The NYSE has already developed its tokenization technology and is actively working with regulators to determine how it can be used within the existing financial framework. This development builds on the NYSE’s long history of transforming market operations, as noted by President Lynn Martin.