Nasdaq is pushing forward with its stock tokenization initiative, aiming for swift approval from the U.S. Securities and Exchange Commission (SEC). Matt Savarese, Nasdaq's Head of Digital Asset Strategy, emphasized the exchange's commitment to advancing the proposal, which was submitted on September 8th. The initiative seeks to enable trading of digital tokens representing shares of publicly traded companies. Savarese highlighted the importance of addressing public feedback and SEC inquiries to expedite the process.