US EditionNasdaq Makes Push to Launch Trading of Tokenized Securities
Nasdaq's proposal aims to enable 24/7 trading of tokenized securities with equal rights to traditional shares, potentially launching token-settled trades by late 2026, pending SEC approval.
- On Monday, Nasdaq filed with the U.S. Securities and Exchange Commission to permit tokenization and blockchain listing of stocks and ETPs on the Nasdaq Stock Market, enabling member firms and investors to trade tokenized versions alongside traditional securities.
- Following recent crypto rule changes, Nasdaq argues it aims to modernize markets and capture rising investor demand for tokenized assets,
- If approved, Nasdaq's plan involves tokenized instruments trading alongside traditional shares on the same order book and settlement infrastructure like the Depository Trust Company.
- If approved, Nasdaq's plan would be the first to allow tokenized securities on a major U.S. exchange and could pave the way for Coinbase and Kraken, benefiting the digital-asset industry.
- Nasdaq also cautioned that some European trading platforms offer tokenized U.S. equities without actual shares, warning that wholesale exemptions from the national market system and FINRA-regulated broker-dealers are unnecessary and not in investors' best interests.
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According to the original report, Nasdaq has taken a bold step by asking the U.S. Securities and Exchange Commission for a change in regulations that would allow it to register shares in a tokenized form. This is part of a broader movement towards asset tokenization, a trend that is gaining strength in the financial industry. Nasdaq, known for listing technological giants such as Apple and Amazon, now offers its customers the possibility of trad…
Nasdaq Wants SEC To Approve Tokenized Securities Trading — Here's How They Compare With Traditional Stocks - Robinhood Markets (NASDAQ:HOOD), Coinbase Global (NASDAQ:COIN)
Nasdaq Inc. (NASDAQ:NDAQ) submitted a filing to the Securities and Exchange Commission on Monday to allow trading of tokenized securities on its stock market platform. NDAQ is gathering positive momentum. Follow the breaking news here. ‘Financial Innovation’ Through Tokenized Stocks The company proposed allowing member firms and investors to tokenize the equity securities and exchange-traded products that they trade on the Nasdaq stock exchange,…
Nasdaq Seeks Rule Change to Allow Trading of Tokenized Securities
Nasdaq has asked regulators to let investors trade tokenized versions of listed securities—such as common stocks—on its main market. In a Sept. 8 filing with the Securities and Exchange Commission (SEC), the exchange proposed allowing any listed stock or exchange-traded product to trade in either its usual digital form or as a blockchain-based token, with no change to how orders are entered or executed. If approved, it would be the first time to…
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Nasdaq makes push to launch trading of tokenized securities
NEW YORK :Nasdaq is working with U.S. regulators to introduce trading of tokenized securities, becoming the latest major financial player on Wall Street to double down on a boom in tokenization amid an easing of crypto regulations under the Trump administration.If approved, the move would mark the first insta
NASDAQ Seeks Nod From U.S. SEC to Tokenize Stocks
NASDAQ, the U.S. exchange where the tech sector's biggest names list their stocks, is seeking to put stocks on the blockchain, asking the U.S. Securities and Exchange Commission on Monday to bless its effort even as others in the securities world are sprinting toward the same tokenization goal.If the SEC filing is approved, the exchange would let customers choose either the traditional route for trading equities or to do so on-chain with tokeniz…
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