The U.S. Securities and Exchange Commission has officially approved Nasdaqs groundbreaking proposal to allow certain securities to trade in tokenized form, marking a pivotal step toward merging blockchain technology with Americas traditional equity markets. Nasdaqs tokenization initiative is built around a pilot program led by the Depository Trust Company (DTC), which will oversee the clearing and settlement of all tokenized trades. The exchange first sought regulatory approval in September, and Wednesdays green light signals growing institutional confidence in blockchain-based financial… Read more
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