SEC approves Nasdaq's move to support tokenized securities trading
The U.S. Securities and Exchange Commission (SEC) has approved Nasdaq's initiative to support the trading of tokenized securities. This approval allows Nasdaq to offer a platform for digital assets that represent traditional securities, enhancing the integration of blockchain technology in financial markets. The move is expected to provide greater liquidity and efficiency in trading, as well as attract a broader range of investors. Nasdaq aims to leverage its existing infrastructure to facilitate the issuance and trading of these tokenized assets. This development marks a significant step in the evolution of securities trading in the digital age.
Read the full article: CoinDesk