The New York Stock Exchange has partnered with Securitize in its push to bring equities trading onto blockchain rails through its own tokenized securities platform.

Under the arrangement, Securitize will enable the creation and management of shares for stocks and exchange-traded funds as blockchain-based tokens, allowing them to be issued and traded in digital form, Securitize announced Tuesday. The Wall Street Journal first reported the news.

NYSE had previously outlined plans to build a tokenized securities venue capable of 24/7 trading in January. The addition of Securitize formalizes a core piece of that infrastructure, linking the exchange’s ambitions with an established player in digital asset issuance.

Securitize specializes in tokenizing real-world assets, converting traditional financial instruments into blockchain-native representations that can be traded more efficiently. The firm has worked with institutions including BlackRock, which earlier launched a tokenized fund through Securitize’s platform.

Tokenization trend on Wall Street

Lately, Wall Street has been awash with the tokenization trend.

Exchanges and asset managers are accelerating efforts to integrate tokenization into existing systems. Proponents tout the technology’s promise of faster settlement, expanded trading hours, and improved capital efficiency. Notably, mass adoption is still subject to evolving regulatory frameworks.

Rival exchanges are moving in parallel regardless. Nasdaq has teamed up with crypto exchange Kraken to connect tokenized equities with decentralized finance networks.

A supportive policy backdrop is also gaining steam. The U.S. Securities and Exchange Commission has begun opening the door to pilot programs and industry engagement on the structure of digital securities. Officials, including Hester Peirce, have encouraged firms exploring tokenization to engage directly with regulators, signaling a more accommodative stance as the technology matures.