Nasdaq Seeks SEC Approval to Trade Tokenized Stocks
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BTCCSquare news:
Nasdaq has filed a proposal with the SEC to list tokenized stocks, requesting amendments to existing rules to accommodate blockchain-based securities. The exchange aims to integrate tokenized shares into its traditional trading and reporting systems, ensuring they receive equal treatment if they confer identical investor rights.
The MOVE signals a potential shift in how equities are issued and settled, with Nasdaq emphasizing the need for clear labeling to avoid processing conflicts. This development underscores the growing institutional embrace of blockchain technology in mainstream finance.
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