Binance’s founder Changpeng “CZ” Zhao has reacted to the New York Stock Exchange’s (NYSE) plan to launch a tokenized securities platform. Other crypto stakeholders, such as Ripple’s executive Reece Merrick, have also highlighted how big this move could be for the industry.
CZ Reacts To NYSE’s Tokenized Securities Push
In an X post, the Binance founder stated that the stock exchange’s plan to launch a tokenized securities platform is bullish for crypto and crypto exchanges. The NYSE had earlier in the day announced that it was developing a platform for trading and on-chain settlement of tokenized securities, for which it will seek regulatory approvals.
According to the press release, the platform will facilitate 24/7 trading of stocks and equities, including crypto stocks such as Circle’s CRCL, with instant settlement. The platform will also enable stablecoin-based funding, enabling investors to trade these assets with stablecoins.
Furthermore, NYSE raised the possibility of multi-chain collaboration, noting that its blockchain-based post-trade systems will include the capability to support multiple chains for settlement and custody. This announcement comes just months after revelations that the SEC was considering allowing on-chain stock trading alongside crypto assets.
CoinGape had also reported in December that the SEC had advanced proceedings to enable the launch of tokenized securities trading on Nasdaq. The Nasdaq’s move will also ensure that other crypto stocks, such as Coinbase’s COIN, Strategy’s MSTR, and Robinhood’s HOOD, are available for 24-hour trading.
Just like Binance’s founder CZ, market expert Adam Livingston described the NYSE’s announcement as being bullish. Specifically, he stated that Bitcoin buying will increase “big time” as a result.
NYSE is going to be upping trading hours to 24 hours per day, 7 days per week.
On top of that, Nasdaq is actively planning to extend trading hours that bring it very close to 24/5.
The Nasdaq rule change is aiming to launch in Q3.
Imagine 115 hours of STRC ATM per week.… https://t.co/uqsdgAlZCb
— Adam Livingston (@AdamBLiv) January 19, 2026
“Big” News For The Crypto Industry
In an X post, Ripple executive Reece Merrick described NYSE’s tokenization plan as “big.” This came as he highlighted that the tokenized securities platform will facilitate 24/7 trading of stocks and ETFs, allow fractional share trading, and offer immediate settlement via tokenized capital.
Galaxy Digital Head of Research Alex Thorn also described the move as a “big and important step.” He claimed that the big unlock for tokenized stocks is self-custody, blockchain settlement, p2p transfer, and, importantly, access to DeFi.
“The meaningful enhancement to equity securities offered by tokenization is access to DeFi. Clearing firms and exchanges being able to interact with tokenized stocks is an important “closing of the loop,” Thorn said. It is worth noting that top crypto exchanges such as Coinbase are also working on offering tokenized securities.
While commenting on the CLARITY Act, Robinhood CEO Vlad Tenev noted that stock tokens are already available to their customers in the European Union (E.U.) but not in their home market. As such, he declared that it was time for the U.S. to lead on crypto policy.
Source: https://coingape.com/nyses-tokenized-securities-plan-bullish-for-crypto-binances-founder-cz-says/