Analysis: NYSE may be preparing for stock deployment on the chain

BlockBeats news, on June 25th, staff from the encryption asset special working group met with the New York Securities Exchange to discuss approaches to regulatory issues regarding encryption assets. The New York Securities Exchange provided supplemental documents and held discussions during the meeting. Agenda of the meeting with the encryption asset special working group (today): Attendees: Jaime Klima, General Counsel of the New York Securities Exchange Jon Herrick, Chief Product Officer of the New York Securities Exchange Patrick Troy, Deputy General Counsel of the New York Securities Exchange Tony Frouge, Chief Regulatory Officer of the New York Securities Exchange Topics: 1. Promoting a fair competitive environment emphasizes ensuring equal status among market participants, avoiding inconsistent regulatory frameworks for similar assets and entities. 2. Listing and trading discussions on issues related to tokenized stock trading and the structures to facilitate such transactions. 3. Discussion on the feasibility of general listing standards for Spot encryption ETFs; exploring regulatory approaches for other potential encryption trading products. This meeting summary signifies the New York Securities Exchange’s active exploration of the integration path between encryption assets and TradFi markets, further confirming the trend of “securitization on the chain”.