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Wall Street’s 233-Year-Old Giant Just Handed Crypto the Keys to the Stock Market

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Written & Edited by
Lockridge Okoth

24 March 2026 12:57 UTC
  • NYSE named Securitize its first digital transfer agent for blockchain-based stocks.
  • The two firms will build a compliant standard for other transfer agents.
  • Securitize's broker-dealer will connect to NYSE's new Digital Trading Platform.
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The New York Stock Exchange (NYSE) selected Securitize as the first digital transfer agent for its tokenized securities platform. This gives the crypto firm a central role in how US stocks move onto the blockchain.

The partnership will produce a digital transfer agent program with compliance standards that other agents can adopt to issue and manage equities as blockchain tokens.

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From Announcement to Execution

NYSE first revealed plans for a tokenized securities platform in January 2026, promising:

  • 24/7 trading
  • Instant settlement, and
  • Stablecoin-based funding.

Tuesday’s deal with Securitize fills a critical operational gap by appointing a regulated agent responsible for creating shares as digital tokens, maintaining investor records, and handling dividends.

Securitize operates an SEC-registered broker-dealer, transfer agent, and Alternative Trading System (ATS). The company has tokenized more than $4 billion in assets for firms including BlackRock, Apollo, and KKR.

Its broker-dealer is expected to plug directly into NYSE’s new venue, called Digital Trading Platform, which will operate as an alternative trading system under parent company Intercontinental Exchange (ICE).

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The deal also arrives weeks after ICE invested roughly $200 million in crypto exchange OKX at a $25 billion valuation. That agreement positioned OKX’s 120 million users as a distribution channel for tokenized NYSE-listed equities in H2 2026.

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A Race Between Exchanges

NYSE’s move accelerates a broader contest among US exchanges. The SEC approved a Nasdaq proposal to tokenize trading on March 18, covering Russell 1000 stocks and major ETFs.

Federal banking regulators also confirmed on March 5 that tokenized securities receive the same capital treatment as traditional equivalents, removing a major barrier for bank participation.

On-chain tokenized stock market capitalization has crossed $1.00 billion, according to RWA.xyz, with monthly transfer volume reaching $2.5 billion.

Tokenized Stocks. Source: RWA.xyz

Securitize itself is moving toward a public listing through a $1.25 billion SPAC merger with Cantor Equity Partners II, expected to close in H1 2026. If successful, it would trade on Nasdaq under the ticker SECZ.

Whether NYSE’s Digital Trading Platform launches on schedule now depends on SEC approval and how quickly transfer agents adopt the new program’s standards.

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