NYSE owner ICE taps tZERO for tokenized securities, takes stake

Intercontinental Exchange (ICE), parent of the NYSE, is tapping tZERO for its push into tokenized securities and taking a stake in the firm. The deal adds transfer-agent and settlement infrastructure to ICE's plans for an NYSE-affiliated market for tokenized stocks.

Traditional exchanges are racing to bring equities on-chain, and this partnership gives the NYSE operator a partner with established tokenized-securities infrastructure rather than building it in-house.