The Securities and Exchange Commission has granted regulatory approval for Nasdaq to launch a pilot program trading tokenized stocks. These digital assets will trade alongside traditional securities on the same exchange.
Eligible participants may trade tokenized versions of Russell 1000 Index securities and major ETFs. Prices and rights remain identical to traditional counterparts. Nasdaq partners with Kraken for infrastructure, while competitor ICE invests in OKX. SEC Chair Paul Atkins signals potential broader crypto exemptions.