Nasdaq Shares Climb 1.62 on 320th-Ranked 370M Volume as Exchange Proposes Tokenized Securities Integration

, 2025, , ranking 320th among stocks traded that day. The exchange operator is advancing its proposal to enable trading of tokenized securities on its platforms, aiming to integrate blockchain-based assets into existing market infrastructure while maintaining regulatory compliance and investor protections.

Nasdaq submitted a filing to the U.S. Securities and Exchange Commission (SEC) to allow member firms and investors to trade tokenized versions of equity securities and exchange-traded products (ETPs). The proposal emphasizes leveraging existing systems, including the Depository Trust Corporation (DTC), to settle trades in tokenized form without altering core market rules. Traditional and tokenized securities would share identical identifiers, rights, and execution priorities, ensuring seamless functionality for participants.

, Nasdaq’s Senior Vice President of North American Markets, highlighted that the initiative responds to growing demand for blockchain-based efficiencies, such as faster settlements and enhanced audit trails. By aligning tokenization with current regulatory frameworks, Nasdaq aims to foster innovation while preserving market integrity. The exchange also stressed the importance of preventing fragmentation in tokenized asset markets, ensuring transparency and liquidity across platforms.

Under the proposal, investors would have the option to select tokenized or traditional settlement methods for eligible securities. If approved, the first token-settled trades could occur by late 2026, contingent on DTC infrastructure readiness. Nasdaq’s approach avoids wholesale exemptions from existing market protections, aligning with SEC Chair Paul Atkins’ efforts to streamline crypto regulations. The filing invites public comment, reflecting Nasdaq’s commitment to collaborative development of tokenized securities.

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