Nasdaq Head of Crypto Business Pledges to "Accelerate" Stock Tokenization Process

Jinse Finance reported that, according to the head of Nasdaq's crypto business, the Nasdaq Stock Exchange in the United States is prioritizing obtaining approval from the U.S. Securities and Exchange Commission (SEC) for its proposal to provide tokenized versions of listed stocks. In an interview on Thursday, when asked whether the SEC might approve the proposal this year, Matt Savarese, Head of Digital Asset Strategy at Nasdaq, stated: "We are moving this forward as quickly as possible." Savarese said, "I think we first need to carefully evaluate public feedback and then respond to the SEC's questions one by one." He added, "We hope to collaborate with the SEC as soon as possible."