Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, is working with tZERO as it advances plans for an NYSE-affiliated market focused on tokenized stocks. According to CoinDesk, the arrangement gives ICE access to transfer-agent and settlement infrastructure through tZERO, a move intended to support the planned market’s operational framework. ICE is also taking a stake in the firm. The agreement connects traditional exchange ownership with infrastructure designed for securities represented on blockchain-based systems, although the supplied information does not specify the size or terms of ICE’s investment. tZERO said the deal adds the transfer and settlement capabilities to ICE’s broader tokenized-securities initiative. The development highlights the role of market infrastructure in efforts to bring tokenized assets into a regulated securities-market setting. No launch date, transaction volume, or additional details about the planned NYSE-affiliated venue were provided.
