From The Trade, September 8:
The SEC filing follows an increased integration of digital assets alongside traditional finance across the industry in recent months.
Nasdaq has submitted a filing to the US Securities and Exchange Commission (SEC), in a move which is set to allow for the trading of tokenised securities on its markets.
Specifically, the proposed rule change will enable Nasdaq member firms to trade tokenised versions of equity securities and exchange traded products (ETPs) as regular securities.
If introduced, the integration is expected to provide opportunities for faster settlements, improved audit trails and a more streamlined order to trade to settlement flow.
The move is another development in Nasdaq’s recent efforts to drive digital asset integration with traditional finance in its infrastructure and markets, and follows a recent uptake in tokenisation and blockchain technology across the industry....
....MUCH MORE
