Nasdaq Proposes Trading Stocks in Token Form: A Major Breakthrough for Tokenization

The stock exchange #NASDAQ has just filed with the U.S. Securities and Exchange Commission (SEC), proposing regulatory changes to allow trading stocks in token form. This move marks a significant advancement in the trend of tokenizing traditional assets, affirming the potential of blockchain technology in modernizing financial markets.

Benefits and Potential

According to the filing, Nasdaq believes that using blockchain to tokenize stocks could provide benefits and protections similar to traditional systems, while also opening up new possibilities. Customers will have the option to trade securities in token form, with recognition on #blockchain enhancing transparency and efficiency.

Inevitable Market Trend

Nasdaq's proposal is not unique. It is part of a powerful wave of tokenization, involving many major players. Robinhood has allowed European users to trade U.S. stocks in token form on the Arbitrum network, while Kraken collaborates with Backed to tokenize over 50 stocks and ETFs on Solana. These events indicate that blockchain is not just an emerging technology but is gradually becoming an indispensable part of the global financial system. #anhbacong