NYSE President says exchange felt ‘responsibility’ to enter tokenization space

The exchange is expected to launch 24/7 trading of tokenized assets later this year. What to know : New York Stock Exchange President Lynn Martin said the exchange felt a responsibility to engage in tokenization as blockchain-based finance gains momentum. The NYSE has developed tokenization technology and is working with regulators to determine how tokenized assets can fit within the existing financial framework. The exchange is preparing a blockchain-powered platform that could allow 24/7 trading of tokenized stocks and ETFs later this year, though it has not given a specific launch date or detailed plan.