TLDR Tech / Fintech
SEC approves Nasdaq plan for tokenized stock trading
The SEC has approved Nasdaq's proposal to enable trading of certain equities in tokenized form, allowing blockchain-based settlement alongside traditional methods. Initial eligibility will include Russell 1000 stocks and major ETFs, signaling a step toward integrating tokenization into mainstream markets. The move reflects broader industry momentum, with exchanges like ICE also developing tokenized trading infrastructure.
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