NYSE Submits Rule Change Proposal to Allow Tokenized Securities Trading

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Gate News message, April 17 — The New York Stock Exchange (NYSE) submitted a rule change proposal (SR-NYSE-2026-17) to the U.S. Securities and Exchange Commission (SEC) on April 9, proposing to add Rule 7.50 and amend related provisions to permit eligible securities to trade in tokenized form on the exchange.

The proposal, developed in coordination with the Depository Trust Company’s (DTC) three-year tokenization pilot program, follows the model of similar Nasdaq rules already approved by the SEC. Under the proposal, tokenized securities must share the same CUSIP number, trading symbol, and shareholder rights as their traditional counterparts to trade at equal priority in the same order book.

The initial scope is limited to Russell 1000 Index constituents and ETFs tracking major indices. Settlement will remain T+1, and existing regulatory rules will apply equally to tokenized securities.

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