#SECApprovesNasdaqTokenizedStocksPilot The US Securities and Exchange Commission (SEC) has approved Nasdaq's pilot program to trade tokenized stocks, allowing eligible participants to settle trades in blockchain-based tokens. This means investors can trade stocks like Tesla or ETFs tracking major indices like the S&P 500 in tokenized form, which will have the same price, ticker, and rights as traditional stocks. The tokenized stocks will trade alongside regular stocks, with the Depository Trust Company handling settlement and tokenization processes.