Blockchain.com and NYSE plan access to tokenized U.S. stocks

Blockchain.com and the New York Stock Exchange signed a memorandum of understanding to give Blockchain.com users access to tokenized U.S. stocks and exchange-traded funds through a planned NYSE digital platform. The service is not yet live. It depends on the launch of NYSE's digital alternative trading system and required regulatory approvals. If launched, global users could trade tokenized versions of U.S. stocks and exchange-traded funds outside regular market hours. The companies did not say when the service could launch. They did not specify which stocks and exchange-traded funds would be available. They did not disclose the financial terms. NYSE announced the alternative trading system in January. NYSE plans to offer 24/7 trading on the platform. NYSE plans to offer fractional shares. NYSE plans to support stablecoin funding and immediate onchain settlement. The platform would support tokenized versions of traditional shares. It would also support shares issued directly as digital tokens. NYSE said token holders would retain rights such as dividends and voting. Peter Smith, Blockchain.com's executive chairman, CEO and co-founder, said the platform would extend access to digital assets to tens of millions of Blockchain.com users worldwide. NYSE Group President Lynn Martin said Blockchain.com's international reach and digital-asset experience would help distribute tokenized securities after the platform launches. The agreement also covers market-data exchanges. ICE Data Services plans to distribute Blockchain.com's crypto market data and analytics to its clients. ICE Data Services is part of NYSE parent Intercontinental Exchange. Blockchain.com plans to add certain ICE and NYSE exchange-data feeds to its app. The feeds would give its more than 44 million confirmed accounts access to real-time stock information. Blockchain.com said some of the data would also be available through its crypto-focused AI assistant, June. Blockchain.com already offers tokenized U.S. stocks and exchange-traded funds outside the U.S. through Ondo Finance. Blockchain.com expanded that service to eligible users across 30 European Economic Area countries in February. Blockchain.com initially made more than 200 tokenized stocks and exchange-traded funds available in Africa and South America in 2025. The products are offered through Blockchain.com's DeFi wallet and Ondo Global Markets. NYSE also signed an agreement with Securitize in March. Securitize is expected to serve as a digital transfer agent and broker-dealer participant on the planned platform. The announcement followed the Securities and Exchange Commission's introduction of a five-year innovation exemption for some tokenized U.S. stock trading. Eligible platforms and liquidity providers receive relief from some existing rules under the exemption. Tokenized shares must have the same rights as traditional shares. Synthetic products that only track a stock's price are excluded. Citi Institute estimates that tokenized assets could reach $5.5 trillion by 2030 under its base-case forecast.