Nasdaq Seeks Approval for Tokenized Stock Trading

[nihalsari]

Nasdaq has asked the SEC to approve trading in tokenized securities — digital versions of stocks recorded on a blockchain.

The proposal, filed Sept. 8 and published Sept. 22, would let tokenized shares trade alongside traditional ones, with settlements processed through the Depository Trust Company’s upcoming digital system.

If approved, it would mark one of the biggest steps toward bringing blockchain into U.S. equity markets. The SEC has a 45-day review window that could stretch into late December.

Nasdaq’s move highlights a growing push to tokenize real-world assets and modernize settlement infrastructure.

[Nahid10]

Nasdaq’s interest in tokenization signals that Wall Street is officially embracing blockchain utility.

[EmTeam]

Once approved, tokenized trading could revolutionize liquidity and settlement efficiency.