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NYSE exploring 24/7 tokenized stock and ETF exchange using blockchain
## NYSE Looks to the Future with Tokenization
The New York Stock Exchange (NYSE) is actively exploring the creation of a completely new exchange platform for tokenized stocks and ETFs. The unique feature of this platform would be its continuous operation, 24 hours a day, 7 days a week.
## Blockchain for an Always-On Market
The idea behind this initiative is to leverage blockchain technology to overcome the limitations of traditional trading hours. Blockchain, with its ability to record transactions securely and transparently, could enable a stock market that is always open and globally accessible.
## Modernizing Trading
This move by the NYSE is seen as an attempt to modernize the trading sector, making it more efficient and accessible. Asset tokenization and continuous operation could attract new investors and increase market liquidity. The initiative is still under consideration, but represents a clear signal of the NYSE's willingness to innovate and adapt to new technologies.
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