Blockchain.com and NYSE Group have signed a memorandum of understanding to give Blockchain.com's users access to tokenized U.S. stocks and ETFs through NYSE's planned digital trading platform. The deal, still subject to regulatory approval, also covers a market-data exchange between the two companies, and follows the SEC's new exemption for onchain trading of tokenized securities.
Blockchain.com and NYSE Group have signed a memorandum of understanding that would let Blockchain.com's users trade tokenized versions of U.S. exchange-listed stocks and ETFs, the companies said. The access depends on the launch of NYSE's planned digital alternative trading system and on regulatory approvals that have not yet been granted.
NYSE's 24/7 platform still awaits approval
NYSE announced the digital ATS platform in January, saying it would offer 24/7 trading, fractional shares, stablecoin funding, and immediate onchain settlement. Token holders would keep traditional rights such as dividends and voting, NYSE said at the time, though the launch remains subject to regulatory approval.
"Tokenized stocks are one of the most impactful advancements in the modern financial landscape," Blockchain.com Executive Chairman and CEO Peter Smith said. NYSE Group President Lynn Martin said Blockchain.com's international reach and experience with digital assets would help distribute tokenized securities once the platform launches.
Companies to share market data
The agreement also covers market data moving between the two firms. ICE Data Services, part of NYSE parent Intercontinental Exchange, plans to distribute Blockchain.com's crypto market data and analytics to its clients, while Blockchain.com plans to add ICE and NYSE data feeds to its app, reaching its more than 44 million confirmed accounts.
Blockchain.com already sells tokenized stocks via Ondo
Blockchain.com already offers tokenized U.S. stocks and ETFs outside the U.S. through a partnership with Ondo Finance. The companies expanded that service to eligible users across 30 European Economic Area countries in February, after initially making more than 200 tokenized stocks and ETFs available in Africa and South America in 2025. NYSE separately signed Securitize in March to serve as a digital transfer agent on the planned platform.
SEC exemption clears a path for onchain trading
The announcement follows the SEC's "innovation exemption" introduced last week to support onchain trading of some tokenized U.S. stocks. The five-year exemption gives eligible platforms and liquidity providers relief from some existing rules, but tokenized shares must carry the same rights as traditional shares, and synthetic products that only track a stock's price are excluded.
Citi Institute estimates tokenized assets could reach $5.5 trillion by 2030 under its base-case forecast, as crypto and traditional finance firms build products for onchain settlement and round-the-clock markets.
Sources: The Block, CryptoProwl, CoinGape
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