SEC approves Nasdaq’s move to allow tokenized securities trading

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Crypto News

The U.S. Securities and Exchange Commission (SEC) approved on Wednesday Nasdaq’s proposal to allow certain securities to trade in tokenized form, a significant milestone to integrate blockchain tech into U.S. equity markets. Nasdaq’s tokenization plan ties into a pilot run by the Depository Trust Company (DTC), which will handle clearing and settlement of tokenized trades. […]