NASDAQ Seeks U.S. SEC Approval to Tokenize Stocks - Game-Changer or Regulatory Mirage?

Wall Street's sleeping giant just woke up to blockchain.

NASDAQ officially filed with the SEC to tokenize traditional equities—potentially merging trillion-dollar markets with digital asset infrastructure. The move signals institutional adoption isn't just coming; it's knocking down the door.

Why This Matters

Tokenization cuts settlement times from days to seconds. It bypasses legacy clearinghouses. It unlocks 24/7 trading for blue-chip stocks. For once, finance might actually innovate beyond adding fees to existing products.

The Regulatory Hurdle

The SEC's response will test its much-touted 'technology-neutral' stance. Approve this, and traditional finance merges with crypto infrastructure. Delay or deny, and watch another innovation shift offshore to friendlier jurisdictions—all while ironically citing 'investor protection.'

One step closer to real-time stock trading, or just another paperwork exercise destined for regulatory purgatory? Only time—and the SEC's notoriously slow clock—will tell.