Nasdaq, a leading global exchange operator, is intensifying its focus on blockchain technology by hiring a product manager to lead its tokenization efforts. This strategic move aligns with Wall Street's growing interest in bringing traditional assets onto blockchain infrastructure.
The New York-based role will manage the entire product lifecycle for digital asset issuance, guiding the process from concept to institutional adoption. The product manager will collaborate with broker-dealers, custodians, and market operators to establish workflows that meet stringent regulatory and operational standards.
Key responsibilities encompass overseeing token creation, managing corporate actions like dividends and proxy voting, and developing compliance frameworks for identity verification and sanctions screening. This initiative follows Nasdaq's previous filing with the SEC to support trading of tokenized equities, supporting the regulator's agenda to integrate crypto activities on national exchanges.