The platform remains subject to regulatory approval and would mark a cautious step toward onchain markets. The New York Stock Exchange is developing a new platform to trade tokenized stocks and exchange-traded funds (ETFs), part of a broader effort to modernize market infrastructure using blockchain-based settlement. On Monday, the NYSE and its parent company, the Intercontinental Exchange (ICE), announced the development of a new platform with 24/7 trading and instant settlement, combining the company’s Pillar matching engine with blockchain-based post-trade systems, including multi-chain support for custody and settlement. Subject to regulatory approval, the platform is intended to underpin a new NYSE trading venue for tokenized securities, including stocks and ETFs issued in digital form. Read more
India wants BRICS members to discuss linking their CBDCs for trade and tourism at a future summit, according to a Reuters report. India’s central bank, the Reserve Bank of India (RBI), has reportedly proposed an initiative linking BRICS central bank digital currencies (CBDCs) to facilitate cross-border trade and tourism payments. A Reuters report citing two anonymous sources claimed that the recommendation would place the idea of CBDC interoperability on the agenda for the 2026 BRICS summit, which India is scheduled to host. Reuters reported that the proposal, if accepted by the Indian government and BRICS partners, would be the first formal consideration of CBDCs within the bloc, which includes Brazil, Russia, India, China and South Africa. Read more