Wall Street On-chain: existential crisis or structural opportunity for Crypto
https://x.com/natalie_aq2s5/status/2014077763452354610?s=20
Earlier this week, the New York Stock Exchange announced the development of a platform for 24×7 trading and on-chain settlement of tokenized U.S. equities, pending regulatory approval.
The platform will combine NYSE's Pillar matching engine with blockchain-based post-trade systems, enabling instant settlement, stablecoin-based funding, and multi-chain custody. Tokenized shareholders will retain the same economic and governance rights as conventional shareholders, including dividends and voting rights.
This isn't the first mover. On September 8, 2025, Nasdaq filed a proposal with the SEC to enable trading of tokenized equity securities and ETPs on its markets.
But the most significant development is DTCC.