The New York Stock Exchange (NYSE) continues to refine its onchain settlement infrastructure for tokenized securities. NYSE President Lynn Martin confirmed this development on August 10, 2026, during the National Assembly seminar in Seoul, Korea, backed by evidence of live transactions they recently completed in the Depository Trust Company (DTC) tokenization program last July.
Gathering of 30 Major Institutions on a Single Network
The trial on July 15 was no ordinary simulation. More than 30 financial and digital asset companies participated in executing real production transactions. The participant list includes the names of dominant capital market institutions such as BlackRock, Goldman Sachs, JPMorgan, Nasdaq, Circle, Ondo Finance, Citadel Securities, and Vanguard.
They executed various complex operations, ranging from equity delivery-versus-payment, securities lending, Treasury repo transactions, collateral management, equity transfers, to CCP margin. The scale of this execution demonstrates that blockchain technology is beginning to be tested to support heavy institutional instruments. All of these processes ran on a two-tier infrastructure: DTCC’s private Besu network and the public Canton network.
Awaiting Instant Settlement Approval
This move is a continuation of the blueprint announced by the NYSE in early January. Its parent company, ICE, is designing a new trading venue that combines their Pillar matching engine with blockchain-based post-trade infrastructure. The ultimate vision includes 24/7 nonstop trading, instant settlement, fractional share issuance, and funding in the form of stablecoins.
As an initial foundation, the NYSE partnered with Securitize in March as the first digital transfer agent for this upcoming platform. On the other hand, DTCC is preparing to launch its Tokenization Service in October 2026, backed by a three-year tokenization program license from the US Securities and Exchange Commission (SEC) issued in December 2025.
However, instant settlement services are not yet operational today. The tokenized trading currently running still takes one business day to settle, or T+1. The NYSE digital platform that will support full instant settlement is still awaiting a full regulatory green light from authorities.
Martin described this phase as a critical turning point between traditional finance and DeFi. The entry of the core infrastructure of the United States stock exchange into onchain technology is no longer just a closed experiment. For the crypto industry, this is confirmation that the institutional-scale adoption of distributed ledger technology is being executed at this very moment - just waiting for the final approval from regulators.
As reported by crypto.news.
Read also: What Is DeFi (Decentralized Finance)?
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
