Market Flux Event
NYSE Signs Deal With Blockchain.com to Bring Tokenized US Stocks to 44 Million Users Around the Clock
Read this in the Market Flux appThe New York Stock Exchange has signed a memorandum of understanding with Blockchain.com that would allow the crypto platform's more than 44 million account holders to trade tokenized versions of U.S. stocks and ETFs around the clock. The MOU is non-binding, and trading through the NYSE's digital alternative trading system would begin only after regulatory approval. The data-sharing component of the deal calls for ICE Data Services, a subsidiary of NYSE parent Intercontinental Exchange, to distribute Blockchain.com's crypto market data to its institutional clients.
The NYSE first announced its tokenized trading venue in January 2026, promising 24/7 operation, instant settlement, stablecoin-based funding, fractional share purchases, and the preservation of dividend and voting rights for token holders. The Blockchain.com partnership represents the first major distribution deal for that platform, connecting it to one of the world's largest crypto user bases.
Separately, the Invesco S&P 500 Momentum ETF added 44.43 million units in the week through September 23, a 29.1% increase in shares outstanding, making it the largest ETF inflow in the tracked universe for that period. Unusual call option activity was also flagged in a range of names including NICE, GFL, GLAS, NRG, PLNT, XRT, CYPH, and GLBE.
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