The New York Stock Exchange (NYSE) has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to amend its rules, allowing the listing and trading of tokenized securities. This initiative is part of the Depository Trust Company's (DTC) three-year tokenization pilot program and is modeled after previously approved Nasdaq rules. Under the proposed changes, tokenized securities must maintain the same CUSIP number, ticker symbol, and shareholder rights as their traditional counterparts to qualify for trading on the same order book. Initially, the proposal limits eligibility to components of the Russell 1000 Index and ETFs tracking major indices, with settlement remaining at T+1. Existing regulatory rules will apply equally to these tokenized securities.