CZ: NYSE's Tokenization Platform Launch Bullish for Cryptocurrency and Crypto Exchanges

BlockBeats News, January 20th, CZ responded to the "New York Stock Exchange Announces Tokenization Platform" stating, "This is good news for both cryptocurrency and cryptocurrency exchanges."

Earlier reports stated that the Intercontinental Exchange (ICE)-owned New York Stock Exchange announced today that it is developing a platform for tokenized securities trading and on-chain settlement, and will seek regulatory approval for this purpose. The NYSE's new digital platform will support a tokenized trading experience, including 24/7 operation, real-time settlement, order placement in dollar amounts, and stablecoin-based fund transfers.