Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority
BlockBeats News, November 30, Matt Savarese, Head of Digital Asset Strategy at Nasdaq, stated that obtaining SEC approval for its tokenized stock solution has been made a top priority and will be "advanced as quickly as possible." The team now needs to focus on evaluating public feedback. Nasdaq is not aiming to overturn the existing securities system, but hopes everyone can participate in this journey to bring tokenization into the mainstream. Nasdaq hopes to advance all of this under the SEC's regulatory framework in a responsible and investor-centric manner.
Previously, Nasdaq had officially submitted a rule change proposal to the SEC, seeking to allow regulated trading platforms to support tokenized stocks and ETF trading on its main board. If approved, mainstream U.S. securities trading platforms will become the first legal platforms to offer on-chain securities trading alongside traditional stocks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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