{"id":9388,"date":"2026-08-06T03:36:28","date_gmt":"2026-08-06T03:36:28","guid":{"rendered":"https:\/\/acudc.com\/?p=9388"},"modified":"2026-08-06T03:40:06","modified_gmt":"2026-08-06T03:40:06","slug":"nyse-files-first-sec-rule-change-on-tokenization-journey","status":"publish","type":"post","link":"https:\/\/acudc.com\/zh\/nyse-files-first-sec-rule-change-on-tokenization-journey\/","title":{"rendered":"NYSE files first SEC rule change on tokenization journey"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"9388\" class=\"elementor elementor-9388\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-624d676d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"624d676d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b01699e\" data-id=\"5b01699e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-309872b elementor-widget elementor-widget-image\" data-id=\"309872b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"815\" height=\"594\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/08\/News0805.03.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/08\/News0805.03.png 815w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/08\/News0805.03-300x219.png 300w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/08\/News0805.03-768x560.png 768w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/08\/News0805.03-16x12.png 16w\" sizes=\"(max-width: 815px) 100vw, 815px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5cd177 elementor-widget elementor-widget-text-editor\" data-id=\"7d5cd177\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>The New York Stock Exchange (NYSE) has filed a rule change with the SEC to enable the trading of tokenized securities on its main order book. This closely mirrors a March\u00a0Nasdaq rule change\u00a0that allows stocks tokenized by the DTC to be traded in the same way as conventional stocks. This is one step in NYSE\u2019s multi-prong tokenization strategy which separately includes plans for a dedicated tokenization trading venue that would enable instant settlement using stablecoins.<\/p><p>The filing piggybacks on the DTC\u2019s December 2025\u00a0SEC no action letter\u00a0allowing the DTC to issue tokenized entitlements for stocks in its custody. Once the stock is tokenized it could trade on the Nasdaq or NYSE or on other venues where the DTC is not involved in post trade settlement. Today\u2019s rule change covers the same universe of Russell 1000 stocks and major index ETFs as the Nasdaq and DTC approvals.<\/p><p>The mechanics are substantively\u00a0identical to the Nasdaq rule. Tokenized and conventional shares trade on the same order book with the same execution priority, share the same CUSIP, and settle T+1 through existing NSCC\/DTC post trade rails. Member organizations flag a tokenization preference at order entry, specifying blockchain and wallet address, and the DTC tokenizes or de-tokenizes the entitlement post settlement. If there is any issue with eligibility or the selected blockchain or wallet, the trade simply settles in conventional form.<\/p><p>Retrieved from:<a href=\"https:\/\/www.ledgerinsights.com\/nyse-files-first-sec-rule-change-on-tokenization-journey\/\">https:\/\/www.ledgerinsights.com\/nyse-files-first-sec-rule-change-on-tokenization-journey\/<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>The New York Stock Exchange (NYSE) has filed a rule change with the SEC to enable the trading of tokenized securities on its main order book. This closely mirrors a March\u00a0Nasdaq rule change\u00a0that allows stocks tokenized by the DTC to be traded in the same way as conventional stocks. This is one step in NYSE\u2019s &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/acudc.com\/zh\/nyse-files-first-sec-rule-change-on-tokenization-journey\/\"> <span class=\"screen-reader-text\">NYSE files first SEC rule change on tokenization journey<\/span> \u67e5\u770b\u5168\u6587 &raquo;<\/a><\/p>","protected":false},"author":8,"featured_media":9369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[38,78],"_links":{"self":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/9388"}],"collection":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/comments?post=9388"}],"version-history":[{"count":8,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/9388\/revisions"}],"predecessor-version":[{"id":9397,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/9388\/revisions\/9397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/media\/9369"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/media?parent=9388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/categories?post=9388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/tags?post=9388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}