Nasdaq Wins SEC Approval to Trade Tokenized Securities in Pilot Program
Nasdaq has received approval from the U.S. Securities and Exchange Commission (SEC) to launch a pilot program for trading tokenized securities. This initiative aims to enhance market efficiency and broaden access to capital markets through blockchain technology. The program will allow select firms to trade tokenized versions of traditional securities, potentially transforming how securities are issued and traded. Nasdaq's move is seen as a significant step towards integrating digital assets into mainstream finance.
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