Nasdaq Tokenized Trading Proposal Signals Wall Street’s Next Big Shift
In a landmark move that could reshape traditional finance, Nasdaq has put forward a proposal to introduce tokenized trading products, signaling a major step toward bridging the gap between conventional markets and blockchain technology.
What’s in the Proposal?
Nasdaq’s plan centers around creating a framework for tokenized versions of traditional assets, such as stocks, bonds, and exchange-traded funds (ETFs). These tokenized assets would exist on a blockchain, enabling 24/7 trading, faster settlement times, lower costs, and broader accessibility compared to legacy financial systems.
The proposal reportedly focuses on:
Tokenized Equities & ETFs: Digital representations of publicly listed shares.
Fractionalized Ownership: Allowing investors to buy smaller portions of high-value assets.
Enhanced Transparency: Using blockchain to record transactions immutably.
Global Market Access: Providing investors outside traditional jurisdictions with new opportunities.