NYSE targets weekend investors with new blockchain platform for 24/7 stock trading

NYSE plans to launch a new platform enabling 24/7 trading, pending SEC approval. This blockchain-based venue seeks to fulfill global investor demand for continuous market access, featuring instant settlement and stablecoin funding. The anticipated platform is expected to increase trading flexibility, allowing investors to engage in markets around the clock, especially during weekends and after-hours. The implementation of blockchain technology aims to enhance transparency and efficiency in trading. As investors increasingly seek environments where they can transact without time constraints, the upcoming SEC response to this initiative will be crucial and could significantly impact market dynamics.