NYSE expands tokenization push with firms serving nearly 99% of S&P 500

The exchange has expanded its network to six transfer agent partners as it prepares a platform offering 24/7 trading, instant settlement and stablecoin funding. The New York Stock Exchange has expanded its tokenized securities initiative through agreements with Broadridge Financial Solutions, Computershare, Equiniti and Superstate as it prepares to launch a blockchain based trading platform. The four firms join existing partners Securitize and tZERO, bringing the exchange’s network to six transfer agents supporting issuer sponsored tokenized securities. According to NYSE, the established providers Broadridge, Computershare and Equiniti collectively serve nearly 5,000 publicly listed companies, including almost 99% of the S&P 500. The partnerships combine traditional shareholder recordkeeping and issuer services with blockchain infrastructure developed by Securitize, Superstate and tZERO. “This announcement continues the NYSE’s long history of reimagining market infrastructure through thoughtful and deliberate innovation,” said Lynn Martin, president of NYSE Group. Martin added that the exchange remains focused on preserving market integrity as it develops infrastructure for tok...