NYSE sees blockchain as integrative, not replacement, infrastructure

The New York Stock Exchange (NYSE) views blockchain as an infrastructure to be integrated with the traditional financial system, not as a replacement for it. According to CoinDesk, NYSE Chief Product Officer (CPO) Jon Herrick stated that the exchange is approaching the technology by enhancing interoperability and building it into existing infrastructure. He added that the NYSE is also exploring how asset tokens could function within the current system.