NYSE Moves Toward Tokenized Trading With Near-24/7 Market Access
Summary
NYSE is preparing a separate tokenized platform designed for near-continuous settlement, distinct from its core exchange.
The move signals a structural shift toward faster, more flexible market infrastructure rather than extended hours alone.
Planned 23-hour, five-day trading highlights growing pressure from global and digital-native markets.
NYSE is preparing to launch a separate tokenized trading platform designed for near-24/7 settlement. This platform will operate independently from the traditional NYSE exchange and its existing market structure.
The initiative focuses on settlement rather than replacing the core exchange itself. Tokenization allows trades to be recorded and settled more efficiently, reducing delays that exist in traditional clearing systems.
In parallel, NYSE has confirmed plans to move toward 23 hours of trading, five days a week. This change, announced in December, reflects demand from global investors operating across time zones.
Extended trading hours alone do not solve settlement bottlenecks. By separating tokenized settlement from the main exchange, NYSE can modernise infrastructure without disrupting existing liquidity pools.
The move places NYSE closer to digital-native competitors that already offer continuous markets. Crypto exchanges and tokenized asset platforms have reshaped expectations around availability and speed.
For institutional investors, tokenized settlement could mean lower counterparty risk and faster capital recycling. These improvements are especially relevant as trading volumes and cross-border activity increase.
Regulation remains a key factor, which explains why NYSE is rolling this out as a distinct platform. Maintaining compliance while experimenting with new technology allows innovation without systemic risk.
This development signals a broader shift in how traditional exchanges evolve. NYSE is not just extending hours, but laying groundwork for markets that function closer to real time.
