While the 550,000 policyholders of the newly restructured CMFG Life Insurance Co. may not see any substantial changes, the firm’s parent company is looking forward to how the move will help it diversify and expand beyond the credit union industry. **** Read More; CUNA Mutual’s New Structure Opens the Door for Acquisitions:
The New York Stock Exchange (NYSE), via its owner Intercontinental Exchange (ICE) , is building a new digital trading venue for 24/7 trading of tokenized stocks and ETFs, using blockchain and stablecoin-based funding for instant settlement, aiming to modernize markets by running parallel to the traditional exchange. This platform will support native digital securities and traditional shares as tokens, allowing for continuous liquidity and integrating digital assets into mainstream finance, with plans to launch later in 2026 after regulatory approval. Key Features of the New NYSE Platform: 24/7 Trading: Operates continuously, unlike the traditional exchange's weekday hours. Instant Settlement: Transactions settle immediately, moving away from the current T+1 (trade date plus one day) model. Stablecoin-Based Funding : Uses stablecoins (digital tokens pegged to fiat currency like the USD) for funding and collateral, streamlining processes outside banking hou...
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