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Nellius Irene

CZ backs NYSE's 24/7 tokenized securities platform plan as a bullish signal for crypto

Binance founder Changpeng "CZ" Zhao has welcomed the New York Stock Exchange's plan to build a blockchain-based venue for trading tokenized stocks and ETFs around the clock with instant settlement. The NYSE intends to use its existing matching engine together with private blockchains, support stablecoin funding and multi-chain post-trade, while industry figures like Ripple's Reece Merrick and Galaxy Digital's Alex Thorn say the initiative could significantly reshape crypto-linked equity markets.
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