2026-01-20 02:25:25

The boundaries of the market are being redefined.

Recently, the NYSE announced the launch of a tokenized securities trading platform. US stocks and ETFs can be traded 24/7 without interruption, with deposits in stablecoins, T+0 instant settlement, and orders placed precisely in USD. The partner banks are BNY Mellon and Citibank — two giants with longstanding influence in traditional finance.

Regulatory approval is still in progress, but the direction is already clear.

NYSE President Lynn Martin once said: "The way markets have operated for over two hundred years is constantly changing, and now we are leading the industry toward fully on-chain solutions."

It sounds like leadership, but in reality, it’s catching up.

The parent company of NYSE, ICE, recently made a more straightforward statement — their CEO explicitly said: "We are chasing Robinhood." An exchange group with a market cap of over $100 billion, chasing a fintech broker that was only founded in 2013.

So who is Robinhood chasing? In June last year, they launched tokenized stock products in the EU, based on the Arbitrum blockchain, supporting 24/7 trading and stablecoin settlement. Robinhood’s CEO made an interesting remark: "Once you experience a 24/7 market, you can never go back to the traditional model."

This reflects an interesting phenomenon — the once-dismissive hierarchy is reversing. Wall Street looked down on internet brokers, and internet brokers looked down on crypto exchanges. Now? Traditional finance is actively learning from crypto market infrastructure, and internet brokers have become the bridge connecting the two worlds.

Integration is happening, and the landscape is being reshaped.

ARB3,26%

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NeverTouchTheCryptocu

· 01-20 09:45

Stop pretending. It's time to come down.

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ChainWanderingPoet

· 01-20 02:55

Wait, is the NYSE really catching up to crypto exchanges? This turnaround is happening so fast.

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MetaMuskRat

· 01-20 02:55

Wait, a billion-dollar exchange chasing after one founded in 2013? This chain of contempt is a bit outrageous.

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ContractTearjerker

· 01-20 02:55

Wait, is the NYSE admitting that they are catching up with Robinhood? This turnaround is quite sudden. --- Wall Street has finally lowered its head and become humble. This is the future we want. --- Basically, traditional finance is dying slowly and is now being forced onto the blockchain. --- 24/7 trading is truly irreversible. Once you've tasted the sweetness, who would want T+1 anymore? --- The disdain chain reversal has been predicted for a long time; only now are people realizing it. --- Robinhood is actually the one selling shovels. --- Just want to ask, when will this platform really be usable? Stop just talking and start doing. --- The once-disdained chain has now become a supply chain, which is quite ironic.

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ImpermanentPhilosopher

· 01-20 02:44

Wall Street is probably being forced, I really can't stop laughing haha --- Wait, are BNY Mellon and Citibank also getting into on-chain? The big brothers are still too slow to turn around --- Robinhood's recent bottom-fishing is really clever, directly pushing traditional finance into a corner --- Honestly, it's all because stablecoins have taken off, otherwise no one would care about this set of rules --- Disregarding the reverse of the chain of contempt, it sounds nice, but actually it's just a missed opportunity to make money

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