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Nasdaq receives SEC nod for trading in tokenized securities

From channelnewsasia.com

The U.S. Securities and Exchange Commission on Wednesday approved a Nasdaq proposal to allow certain stocks to be traded and settled in tokenized form, according to a regulatory filing, marking a step toward integrating blockchain-based settlements into mainstream equity markets. Exchange operators have been doubling down on their push to capitalize on the boom in tokenization as regulations for cryptocurrencies ease under the Trump administration. The move would allow investors to trade high-volume stocks as traditional shares or as blockchain-based digital tokens to be settled through the Depository Trust Company. ... (full story)

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