BiyaPay Analyst: Not ETH, Not SOL, NYSE's Blockchain Platform to Follow "Compliance + Multi-Chain" Route
BlockBeats News, January 20th, the New York Stock Exchange is developing a blockchain-based tokenized securities trading and settlement platform, aiming to achieve 24/7 stock trading, instant settlement, and plans to apply for regulatory approval; while allowing stablecoins as a fund transfer tool. Public information has not yet disclosed which public chain will be specifically adopted. BiyaPay analysts believe it is more likely to take the path of "compliant self-built chain + multi-chain integration." If approved, it will benefit stablecoin settlement channels, compliant custody, and tokenization infrastructure; on-chain asset issuance and liquidity service providers may be the first to benefit. BiyaPay investors can also flexibly participate in US stocks, Hong Kong stocks, options, futures, and cryptocurrency trading through USDT.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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