SEC review puts Nasdaq tokenized stocks to first real test at DTCC’s gate
NeutralCryptocurrency

- The U.S. Securities and Exchange Commission (SEC) has initiated a formal review of Nasdaq's proposal to list and trade tokenized stocks, marking a significant step in the integration of blockchain technology within traditional equity markets. This review will assess how these tokenized shares can coexist with equities cleared by the Depository Trust and Clearing Corporation (DTCC).
- This development is crucial for Nasdaq as it seeks to innovate within the financial markets, potentially expanding its offerings and attracting a new wave of investors interested in digital assets. The outcome of the SEC's review could set a precedent for future tokenization efforts in the industry.
- The SEC's scrutiny of Nasdaq's proposal reflects broader regulatory considerations surrounding the tokenization of traditional securities. As the DTCC has recently received approval to tokenize various financial instruments, the evolving landscape raises questions about regulatory frameworks, market dynamics, and the potential for increased competition among exchanges and financial institutions.
— via World Pulse Now AI Editorial System







