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Nasdaq Looking to Unveil Tokenized Trading Platform Next Year: Will the SEC Approve?

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On September 8, 2025, Nasdaq submitted a first-of-its-kind application to the Securities and Exchange Commission (SEC) to amend Nasdaq rules to permit the trading of tokenized securities alongside traditional, non-tokenized securities. Investors would have the ability to trade, settle, and clear securities on Nasdaq’s trading facilities through a permissioned, or in other words, restrictively accessed, blockchain run by the Depository Trust Company (DTC)….
By: Carlton Fields

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