Nasdaq, a leading US exchange, has prioritized its proposal to the SEC to allow public companies to trade tokenized stocks on its platform. In a CNBC interview, Head of Digital Assets Strategy Matt Savarese emphasized close cooperation with the regulator, saying, "We will move as quickly as possible." The proposal, filed in September 2025, envisions blockchain-based stock tokens trading on the same ticker and order books as traditional trading.
This innovation aims to integrate traditional finance with blockchain by offering advantages such as fractional ownership, 24/7 trading, and fast on-chain settlement. Supported by SEC Chairman Paul Atkins' prioritization of tokenization, the process holds promise for year-end approval. Savarese pledged to maintain investor protections by emphasizing responsible innovation without disrupting the current system. The accelerating wave of tokenization, spearheaded by companies like Galaxy Digital, is expected to see massive inflows into the crypto ecosystem by Q3 2026, with market capitalization reaching $10 trillion. Nasdaq's move could be a turning point in Wall Street's digital transformation. #CryptoMarketWatch
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Nasdaq, a leading US exchange, has prioritized its proposal to the SEC to allow public companies to trade tokenized stocks on its platform. In a CNBC interview, Head of Digital Assets Strategy Matt Savarese emphasized close cooperation with the regulator, saying, "We will move as quickly as possible." The proposal, filed in September 2025, envisions blockchain-based stock tokens trading on the same ticker and order books as traditional trading.
This innovation aims to integrate traditional finance with blockchain by offering advantages such as fractional ownership, 24/7 trading, and fast on-chain settlement. Supported by SEC Chairman Paul Atkins' prioritization of tokenization, the process holds promise for year-end approval. Savarese pledged to maintain investor protections by emphasizing responsible innovation without disrupting the current system. The accelerating wave of tokenization, spearheaded by companies like Galaxy Digital, is expected to see massive inflows into the crypto ecosystem by Q3 2026, with market capitalization reaching $10 trillion. Nasdaq's move could be a turning point in Wall Street's digital transformation.
#CryptoMarketWatch