This move by NYSE directly merged traditional finance with the on-chain world, T+1 settlement + the same order book, Wall Street is finally starting to seriously engage in tokenization.

NYSE files amendments with the SEC, proposing to add Section 7.50, which would allow eligible members to trade tokenized securities within the DTC three-decade tokenization pilot. The scope covers Russell 1000 constituent stocks and ETFs that track major indices. Tokenized securities share the same CUSIP and trading codes as traditional securities, can be traded in parallel on the same order book with unchanged priority, and settlement remains T+1. Current regulatory rules apply equally, without the need for major exemptions.