NYSE Tokenized Settlement to Expand to Public Chains: CryptoQuant CEO

VADODARA, January 19, 2026 — CryptoQuant CEO Ju Ki-young stated that the New York Stock Exchange's tokenized settlement system will eventually expand to public blockchains, according to a report from Coinness. This daily crypto analysis examines the implications for market structure and institutional adoption.

Market Context & Background

Market structure suggests a convergence of traditional finance and decentralized networks. The NYSE's move mirrors historical cycles like Bitcoin's evolution from trusts to spot ETFs. According to the official SEC.gov filing database, regulatory frameworks for digital assets are maturing, enabling such integrations. This follows a pattern where permissioned systems initially dominate before migrating to public chains for scalability and transparency. On-chain data indicates increased institutional interest in tokenized real-world assets (RWAs), with Ethereum's EIP-4844 upgrade potentially reducing settlement costs for large-scale operations.

What Happened?

CryptoQuant CEO Ju Ki-young commented on the NYSE's plans for a 24/7 trading service via an on-chain tokenized exchange. He noted the system will start on a permissioned blockchain but expand to public chains over time. Ju drew a parallel to Bitcoin's regulatory journey, where indirect exposure preceded direct products like ETFs. His statement implies that as tokenization rules solidify, public chain compatibility must develop. This aligns with broader trends in financial infrastructure modernization.

Technical Analysis & Price Action

Bitcoin currently trades at $93,133, down 2.12% in 24 hours. Volume profile analysis shows weak support near $92,000, with a Fair Value Gap (FVG) between $94,500 and $96,000. The 50-day moving average at $91,500 acts as dynamic support. RSI sits at 42, indicating neutral momentum without oversold conditions. Bullish invalidation level: $90,000. A break below suggests a liquidity grab toward $88,000. Bearish invalidation level: $96,500. A close above this order block could trigger a gamma squeeze toward $100,000.

By The Numbers

Why It Matters

Institutional impact: This signals a structural shift toward public blockchain adoption by traditional finance. It could increase liquidity and reduce settlement times, enhancing market efficiency. Retail impact: Greater institutional participation may drive regulatory clarity and product innovation, but also increase volatility during integration phases. Market structure suggests that tokenized settlements on public chains could unlock new yield opportunities and collateralization methods.

Community Sentiment

Market analysts on X/Twitter highlight the long-term bullish implications. One noted, "NYSE on public chains is a for liquidity." Others caution about regulatory hurdles and technical scalability. The sentiment aligns with Ju's analogy to Bitcoin's ETF approval path, where gradual adoption preceded mainstream acceptance.

Price Prediction / Future Outlook

Bullish case: Successful integration of NYSE settlement on public chains could drive Bitcoin toward $110,000 within 12 months, as institutional inflows increase. Ethereum might benefit from smart contract utility, targeting $8,000. Bearish case: Regulatory delays or technical failures could trigger a sell-off, pushing Bitcoin to test $80,000 support. Market structure suggests monitoring on-chain metrics for early signals.