Nasdaq has taken a step towards modernizing financial markets by submitting a proposal to the SEC for rule changes.
What Are Tokenized Securities?
Tokenized securities are digital representations of traditional assets such as stocks, bonds, or ETFs, issued and managed on a blockchain. These tokens maintain the same economic rights as their traditional counterparts but offer advantages such as faster settlement times, reduced operational costs, and broader market access.
Timeline and Market Impact
If the SEC approves the proposal, Nasdaq expects the new system to be operational by the third quarter of 2026. This change could be a defining moment for tokenized securities trading in the U.S., allowing tokenized and traditional assets to coexist on a single exchange, legitimizing the technology in the eyes of investors and regulators.
Current Situation and Expectations
As the industry awaits the SEC's decision, all eyes are on how this move could reshape the landscape of U.S. financial markets. Trading tokenized assets alongside traditional ones may accelerate blockchain adoption in capital markets.
Nasdaq's proposal for tokenized securities highlights the growing interest from traditional financial institutions in integrating blockchain technology and opens new opportunities for investors.
