The New York Stock Exchange is advancing its blockchain-based platform for trading and settling tokenized securities. President Lynn Martin confirmed the exchange's participation in a major July 2026 DTCC tokenization pilot involving over 30 financial firms. The upcoming platform, developed with parent company ICE, will pair the Pillar matching engine with blockchain systems to enable 24/7 trading, stablecoin funding, and instant atomic settlement. Securitize has been tapped as the first digital transfer agent.
NYSE blockchain settlement platform development
- ▪New York Stock Exchange President Lynn Martin stated on August 10, 2026, that the exchange is continuing to develop infrastructure for onchain settlement of tokenized securities.
- ▪The New York Stock Exchange is developing a blockchain-based platform under its parent company Intercontinental Exchange to trade and settle tokenized securities.
DTCC tokenization pilot participation
- ▪The New York Stock Exchange participated in The Depository Trust Company's tokenization pilot in July 2026, which processed live production trades across multiple asset classes.
- ▪The Depository Trust & Clearing Corporation plans to launch its broader Tokenization Service in October 2026 following the completion of live production transactions on July 15, 2026.
SEC regulatory filing process
- ▪Under the April 2026 SEC filing framework, tokenized shares trade alongside traditional shares on the same order book and continue to settle on a T+1 basis.
- ▪An April 2026 SEC filing established rules allowing eligible securities, including Russell 1000 components and major index ETFs, to trade in tokenized form on the New York Stock Exchange during the DTC pilot.
Instant settlement infrastructure design
- ▪The proposed platform will pair the New York Stock Exchange's existing Pillar matching engine with blockchain systems to support 24/7 trading and multi-chain settlement.
- ▪The planned New York Stock Exchange digital platform aims to achieve atomic settlement, where the trade execution and the transfer of ownership occur simultaneously.
Securitize digital transfer agent partnership
- ▪Securitize Markets is expected to participate as a broker-dealer on the new platform, subject to applicable regulatory requirements.
- ▪The New York Stock Exchange entered into an agreement naming Securitize as the first digital transfer agent eligible to mint blockchain-native securities for the upcoming platform.
Stablecoin funding mechanism
- ▪The stablecoin funding component is designed to bypass legacy banking rails, enabling continuous settlement when traditional banks are closed.
- ▪The planned platform will allow traders to fund positions with stablecoins to operationally support 24/7 trading outside of traditional banking hours.
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