#NasdaqTokenizedTradingProposal Nasdaq is making waves in the financial world with its proposal to introduce tokenized securities trading on its exchange. The company has filed a rule change request with the US Securities and Exchange Commission (SEC) to allow tokenized stocks and exchange-traded products (ETPs) to trade alongside traditional securities. This move aims to bring blockchain-based settlement into the national market system, potentially increasing efficiency and transparency.

*Key Features of the Proposal:*

- *Fungibility with Traditional Securities*: Tokenized securities must share the same CUSIP number and material rights as their traditional counterparts.

- *Equal Treatment*: Tokenized securities will be treated with the same priority as traditional securities.

- *Settlement via DTC*: The Depository Trust Company (DTC) will play a critical role in minting and settling tokenized securities.

If approved, Nasdaq expects to launch tokenized securities trading by the third quarter of 2026. This move is seen as a significant step towards mainstream blockchain adoption in traditional financial markets ¹ ² ³.

Would you like to know more about the potential benefits and risks of tokenized securities trading, or how this proposal might impact the broader financial industry?