Nasdaq has filed a request with the US Securities and Exchange Commission (SEC) to amend rules allowing the listing of tokenized stocks. The exchange aims to treat tokenized stocks under the same execution and documentation rules as traditional securities, provided they are deemed equivalent. Nasdaq's proposal includes clear labeling of tokenized assets to ensure proper processing by all participants, including the Depository Trust Company.
If approved, this rule change would enable US-regulated exchanges to list tokenized shares, potentially increasing liquidity for blockchain-based securities. This move marks a significant step in integrating traditional financial markets with blockchain technology.
Nasdaq Seeks SEC Approval to List Tokenized Stocks
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