Nasdaq Seeks Rule Change to Allow Trading of Tokenized Securities

Nasdaq has asked regulators to let investors trade tokenized versions of listed securities—such as common stocks—on its main market.

In a Sept. 8 filing with the Securities and Exchange Commission (SEC), the exchange proposed allowing any listed stock or exchange-traded product to trade in either its usual digital form or as a blockchain-based token, with no change to how orders are entered or executed.