The U.S. SEC has approved Nasdaq’s proposal to allow select stocks to be traded as tokenized securities, marking a step toward integrating blockchain with traditional markets. Investors can trade these stocks either as regular shares or digital tokens, while settlement will still happen through existing systems like the Depository Trust Company. The move reflects growing interest in tokenization and efforts to modernize market infrastructure using blockchain technology.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets