Home / Business and Economy / ICE Unveils 24/7 Tokenized Securities Trading Platform
ICE Unveils 24/7 Tokenized Securities Trading Platform
19 Jan
Summary
- Intercontinental Exchange developed a new platform for tokenized securities trading.
- The platform will enable 24/7 operations and instant settlement for U.S. equities.
- Stablecoin funding and dollar-amount orders are key features of the new system.
Intercontinental Exchange has launched a new digital platform designed for the trading and on-chain settlement of tokenized securities. This initiative, developed to capitalize on the increasing global appetite for U.S. equities, promises to revolutionize market access.
The exchange's proposed platform is set to offer 24/7 trading operations, enabling instant settlement and dollar-denominated order sizing. Crucially, it will utilize stablecoins for funding, providing a modern approach to financial transactions and aligning with the growing trend of digital asset integration.
This development comes as investor demand for continuous trading in U.S. stocks has surged, prompting regulatory bodies and major exchanges like Nasdaq to explore extended market hours. The move by Intercontinental Exchange, in collaboration with financial institutions like BNY and Citigroup, positions it at the forefront of financial innovation.
