NYSE’s Tokenization Push Resurrects the Value-Added Question

The New York Stock Exchange (NYSE) in New York, US, on Tuesday, Jan. 20, 2026. 

Photographer: Michael Nagle/Bloomberg
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Muyao Shen takes a closer look at the latest initiative to move so-called real world finance onto blockchains.

Wall Street’s big blockchain moment is here, but not everyone in crypto is celebrating.