PANews Original | Wall Street Is Rebuilding Market Plumbing On-Chain
While Bitcoin was still hovering around the $70,000 mark, the nerve center of global finance Wall Street delivered three coordinated moves in just 48 hours.
The New York Stock Exchange,
@Nasdaq, and
@CMEGroup — three institutions that sit at the core of global capital flows — each unveiled a new tokenization initiative. Nasdaq is developing a tokenized collateral management solution, the @NYSE is working with Securitize on a tokenized securities platform, and CME has launched an institutional tokenized cash settlement service.
Moving on three fronts at once, the world’s top exchanges are using blockchain technology to carry out a deep overhaul of the infrastructure that channels global liquidity.
As Wall Street’s incumbents move to embrace tokenization, the rules of global capital markets are starting to be rewritten.
#Tokenization #OnchainFinance #WallStreet #NYSE #Nasdaq #CME
