Intercontinental Exchange, the parent company of the New York Stock Exchange, is working with tZERO as part of its tokenized securities effort. According to tZERO, the arrangement adds transfer-agent and settlement infrastructure to ICE’s plans for an NYSE-affiliated market for tokenized stocks. The headline also states that ICE is taking a stake in tZERO. The report points to a deeper link between the exchange operator’s tokenization plans and the infrastructure needed to support issuance, ownership records, and post-trade processing. No additional financial terms were disclosed in the provided summary.
Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, has partnered with tZERO and is taking a stake in the firm. tZERO said the deal adds transfer-agent and settlement infrastructure to ICE’s plans for an NYSE-affiliated market for tokenized stocks.
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