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According to Odaily, Fortune magazine analyst Omid Malekan stated that the New York Stock Exchange’s large-scale tokenization plan is nothing more than an empty promise disguised as innovation. The NYSE’s emphasis on 24/7 trading and instant settlement is not unique to blockchain; existing centralized systems can also achieve this technically. The real resistance comes from the vested interests of existing intermediaries and business partners. Furthermore, the plan does not disclose which blockchains and stablecoins will be supported, nor does it specify programming languages, virtual machines, or token standards. Considering that the NYSE’s ambitious plan is “still pending regulatory approval,” this lack of detail is puzzling. The core advantage of public blockchains is not database efficiency, but rather permissionless global access and a financial architecture similar to bearer assets. This fundamentally conflicts with the NYSE’s explicitly retained market structure of “participation limited to qualified brokers.”

Jinse Finance reported that Omid Malekan, an analyst at Fortune magazine, stated in an article that the New York Stock Exchange's large-scale tokenization plan is nothing more than an empty promise disguised as innovation. The NYSE's emphasis on 24/7 trading and instant settlement is not unique to blockchain; existing centralized systems can also achieve this technically. The real resistance comes from the vested interests of the existing intermediary system and business partners. The plan also does not disclose which blockchains and stablecoins will be supported, nor the programming languages, virtual machines, and token standards involved. Considering that the NYSE's ambitious plan is "still pending regulatory approval," the lack of such details is puzzling. The core advantage of public blockchains is not database efficiency, but rather permissionless global access and a financial architecture similar to bearer assets. This fundamentally conflicts with the NYSE's explicitly retained market structure of "participation limited to qualified brokers only."

According to ChainCatcher, monitored by Lookonchain, while the price of gold continues to reach new all-time highs, the price of bitcoin is declining. A certain whale has swapped 26.85 WBTC for 490.4 XAUT.