The New York Stock Exchange and crypto brokerage Blockchain.com are exploring the creation of blockchain-based versions of U.S.-listed stocks and exchange-traded funds, the companies said on Wednesday, as traditional financial markets accelerate efforts to adopt tokenisation.
The planned collaboration would allow the companies to examine the sale of tokens representing securities listed on the NYSE, using blockchain technology that underpins cryptocurrencies. The companies have not yet disclosed which countries would have access to the products.
