Nasdaq Wants SEC To Approve Tokenized Securities Trading — Here’s How They Compare With Traditional Stocks
Nasdaq Inc. (NASDAQ:NDAQ) submitted a filing to the Securities and Exchange Commission on Monday to allow trading of tokenized securities on its stock market platform.
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‘Financial Innovation’ Through Tokenized Stocks
The company proposed allowing member firms and investors to tokenize the equity securities and exchange-traded products that they trade on the Nasdaq stock exchange, according to an official announcement.
“Our goal is to integrate digital assets into Nasdaq’s current infrastructure and systems, which will advance financial innovation while maintaining stability, fairness, and investor protection,” said Chuck Mack, Nasdaq’s Senior Vice President of North American Markets
How Does It Differ From Traditional Stocks?
Mack added that the proposed changes will allow investors to choose whether they want the stock represented …
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