If you can't beat it, join it? Nasdaq executives explain why they took the initiative to "embrace" tokenization

Original title: Q&A: Nasdaq's New Proposal for Tokenized Securities

Original source: Nasdaq Newsroom

Original compilation: BitpustNews

A blockchain convergence revolution led by traditional financial giants is unfolding on fire.

On September 8, 2025, Nasdaq submitted a landmark proposal to the U.S. Securities and Exchange Commission (SEC) for approval for its members and investors to trade tokenized equity securities and exchange-traded products (ETPs) on the exchange. This means that the shares of leading companies such as Apple and Microsoft will be able to be traded and settled on Nasdaq in the form of blockchain tokens in the future.

"We are not trying to replace the existing system, but to provide the market with another more efficient and transparent technology option." Chuck Mack, senior vice president of North American markets at Nasdaq, said in an exclusive interview, "Tokenized securities are just the same asset...

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