🚨 BREAKING: NYSE announces new tokenization platform.
Here's what they're building:
A completely new trading venue with:
• 24/7 operations (no market hours)
• Instant settlement (not T+1)
• Stablecoin-based funding (not bank wires)
• "Tokens natively issued as digital securities"
Not retrofitting the existing exchange.
Not adding blockchain to the back office.
An entirely new venue.
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Think about what this means:
NYSE will run two exchanges.
The old one: 9:30-4:00 EST, T+1 settlement, bank wires.
The new one: 24/7, instant settlement, stablecoin rails.
They're not choosing between traditional and digital.
They're operating both in parallel.
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How does this compare to others?
Everyone else is building infrastructure to tokenize existing assets:
• DTCC tokenizes existing custodied securities
• State Street tokenizes MMFs and ETFs
• Nasdaq amends rules for tokenized trading alongside traditional
NYSE is building a new way to bring equities on-chain AND the venue to trade them.
This puts them in competition with Figure's OPEN and Superstate.
Native digital issuance. Native digital trading.
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Tokenized stocks enable a world where:
• Settlement happens on-chain
• Custody lives in wallets, not DTCC
• Trading never stops
• Capital formation happens in stablecoins
The question for every institution:
Are you digitizing your existing business or building the business that replaces it?
NYSE just answered: both.
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#fintech #tokenization #infrastructure #digitalassets #stablecoins
CREATOR COIN: $PARODYCEO
His corporate-satire bits keep going viral for a reason: He’s turned every “CEO update” into must-watch comedy pulling in tens of thousands of likes and more than 4 million impressions.
@parody_ceo, welcome to Base app
CA: 0x2bab530926f173b9eef3193241df9535ee639b18
We’re delighted by Google’s success — they’ve made great advances in AI and we continue to supply to Google.
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Late post:
River, a fast-growing U.S.-based technology company redefining global mobility through telecommunications and financial infrastructure, has acquired Wind
https://t.co/KC8qz8uEo7
This is Marco Rubio explaining how the USA promised to defend Ukraine forever if they got rid of their nuclear arsenal left after the Soviet Union fell.
This is why lil marco was sinking into the couch. He was hoping we wouldn’t find it…so don’t RT right now this very second.
One of the many stupid things about this very stupid discourse: the data on https://t.co/ZgH0KTELZV has been publicly available for years. Anyone could have looked up the cost of the government’s politico pro subscriptions in 2024 or 2022 or 2020.
@Stablecoin for rest of the world.
@WindAppHQ has been one of the first customers of Bridge, and they are amazing at USD <> USDC, the challenge we faced was how to do USDC <> other fiat (China, Japan, India, Australia, etc).
So, we built our own :)
https://t.co/b0bD0Yo1sr
Bridge is joining forces with Stripe!
I’m incredibly excited
We started 2.5 years ago and we’ve done a lot since then :) We’re going to do a whole lot more in the years ahead. This is an important milestone, but we’re still at the very beginning of the Bridge journey.
We started Bridge because we thought stablecoins could become a core, global, regulated payment platform. Our first year was hard. The digital asset space was in turmoil. We struggled to find partners / customers.
We launched with our APIs in March 2023.
After launch, we quickly saw inbound interest from cross-border payments companies. People talked about stablecoins for x-border money movement, but we didn't understand the space or need.
These developers onboarded, showed us what was possible, and Bridge quickly started to scale.
After that, we had government entities onboard with us to disburse aid, fintechs build US dollar-based savings and spending products, SpaceX to manage their global treasury, and many others.
Our belief that stablecoins could be a new payment platform started coming true. Developers worldwide were dreaming up new stablecoin-enabled financial products and coming to Bridge to bring them to life. And each new use case was larger than all of those that came before it.
Today, we’re moving many billions in payment volume. Our business has grown >10x this yr. But more importantly, we’re now helping 100s of developers all around the world. And their products are giving millions of consumers and businesses more economic choice.
A lot has changed (and improved) over the past 18 months. But we’re still incredibly early.
Stablecoins represent an entirely new payments platform. Realizing the potential of this platform will be a decades-long journey.
As we’ve gotten to know the Stripe team, it’s become clear that we both share a vision for what’s possible with stablecoins and an excitement around the opportunity to create and build this future
Stripe operates globally and understands better than almost anyone the problems created by our existing localized payment systems. Our teams share an excitement about stablecoins and vision for how to maximize their impact.
Together, we’ll be able to solve bigger problems, support more developers, and help more consumers and businesses all across the world.
We built Bridge to solve our most vexing global financial challenges; to pull a more connected world forward; to give everyone more economic choice.
We’re thrilled to be joining forces with Stripe to fully realize these ambitions.
Full blog post here --> https://t.co/Dl3TkP12E4
Join us on Product Hunt this Sunday, September 22nd, as we unveil the latest updates to Wind App. Experience the freedom of borderless money transfer 🌎
Don't miss out—click the link below and hit 'Notify Me' to stay in the loop.
Link: https://t.co/xMUxPryEbF
We are proud to be a community partner at @token2049 . With less than one week to the event, we look forward to connecting with our amazing community, fellow projects, investors and industry leaders.
Our Co-founder & CBO @simo_figuigui will be representing https://t.co/jWD5PQZkSR at TOKEN2049 in Singapore from 16th to 22nd September.
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