Finance
What farce to behold:
- Ah, behold! New York Stock Exchange President Lynn Martin proclaims the exchange’s noble “responsibility” to dabble in tokenization, as if blockchain were the latest courtly fad.
- The NYSE, ever the paragon of innovation, hath developed tokenization technology and doth grovel before regulators to fit this novelty into the ancient financial tapestry.
- A blockchain-powered platform, they say, shall permit 24/7 trading of tokenized stocks and ETFs-a bold departure from their quaint 6.5-hour, five-day-a-week routine. Pray, when shall this marvel unfold? Details remain as elusive as a witty retort from a fool.
PALM BEACH, Fla. – Under the weight of blockchain’s inexorable march, NYSE President Lynn Martin doth declare her “responsibility” to join the tokenization masquerade. “We’ve felt the responsibility to enter into the tokenization conversation,” she proclaimed at the World Liberty forum, as if the exchange were a courtier late to the ball.
Tokenization, they say, transforms real-world assets into blockchain tokens-a feat promising faster settlements, perpetual trading, and financial products as programmable as a clockwork automaton. “We’ve learned from challenges,” Martin quipped, alluding to past market follies. “We’re applying those learnings,” she added, with a wink and a nod to the gods of liquidity and stability.
While the crypto realm hath long reveled in 24/7 merriment, the NYSE now aspires to join the fray with a blockchain platform later this year-provided the regulators grant their blessing. Farewell, then, to their quaint trading hours, and hello to the unending whirligig of tokenized stocks and ETFs.
Yet, a launch date? A detailed plan? Alas, such trifles remain as hidden as a miser’s gold. “It’s a moment we have to seize as regulators,” declared Commodity Futures Trading Commission Chairman Michael Selig, with the gravitas of a man unveiling a grand illusion. “We stand ready to build with incumbents, new entrants, and technologies both old and new,” he added, sweeping aside the past administration’s discouragement like a servant clearing a table.
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2026-02-18 19:34