The Infinite Expansion of 'Tradability': NYSE's 24/7 Trading Has Nothing to Do with Crypto's Victory or Defeat
The New York Stock Exchange (NYSE) is developing a tokenized securities platform to enable 24/7 trading of stocks and ETFs, using stablecoins for instant settlement and allowing fractional share purchases. Partnering with established financial institutions like BNY Mellon and Citigroup, the move represents a significant shift toward blockchain-based solutions in traditional finance.
This initiative breaks down traditional barriers: time (enabling continuous global trading), space (facilitating cross-border access with stablecoins), and investment thresholds (allowing micro-investments). While these innovations originated in the crypto space, their adoption by major institutions like NYSE and Nasdaq signals a broader expansion of "tradability" rather than a victory for crypto itself.
The trend toward non-stop, accessible, and global trading is accelerating, with traditional and crypto-finance ecosystems increasingly converging. The core transformation is the erosion of limits on what, when, and how assets can be traded—making the world a perpetual marketplace.
比推01/20 03:34
