Nasdaq Receives SEC Approval for Tokenized Securities Pilot Program
Nasdaq has secured regulatory approval from the U.S. Securities and Exchange Commission (SEC) to launch a pilot program dedicated to trading tokenized securities. This move represents a significant milestone in the integration of blockchain technology within traditional capital markets, potentially streamlining settlement processes and increasing market liquidity through digital asset infrastructure.
In related developments, the Canton network continues to expand its institutional footprint. Zenith has successfully integrated the network to facilitate atomic swaps between Canton and the Ethereum blockchain, while Mesh has joined the Canton ecosystem to bolster connectivity between digital assets and traditional financial markets. Additionally, the Apex Group and Polygon have unveiled the T-REX ledger, a new solution designed to streamline compliance for tokenized assets. These collective advancements underscore a broader industry trend toward the institutionalization of blockchain, as major financial entities increasingly adopt on-chain solutions for asset management and regulatory-compliant securities trading.
Latest
- Europe's MiCA Crypto Rules Near Full Enforcement, Early Warnings Issued
- US Senate Prepares for Pivotal Crypto Regulation Markup on May 14
- US Senate Approaches Crypto Clarity Vote Amidst Institutional Expansion
- US Senate to Vote on Crypto Clarity Act, BlackRock Files Tokenized Fund
- Kraken Seeks Federal Bank Charter Amid Institutional Crypto Push