tldr; Nasdaq has filed a request with the SEC to amend rules allowing the listing of tokenized stocks, which are digital representations of ownership utilizing blockchain technology. The proposal seeks to treat tokenized stocks under the same rules as traditional securities, ensuring proper labeling and processing by market participants. Nasdaq emphasized integrating tokenized securities into established markets to enhance liquidity and transparency, opposing isolated trading venues. The move aligns with the global trend of tokenizing real-world assets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; Nasdaq has filed a request with the SEC to amend rules allowing the listing of tokenized stocks, which are digital representations of ownership utilizing blockchain technology. The proposal seeks to treat tokenized stocks under the same rules as traditional securities, ensuring proper labeling and processing by market participants. Nasdaq emphasized integrating tokenized securities into established markets to enhance liquidity and transparency, opposing isolated trading venues. The move aligns with the global trend of tokenizing real-world assets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.