##NASDAQ The Nasdaq stock exchange has officially filed an application with the US Securities and Exchange Commission (SEC) to allow it to trade stocks and exchange-traded products (ETPs) in tokenized form. This means that in addition to traditional trading, investors could choose to hold and trade stocks via blockchain technology. Tokenized stocks would have the same identification number (CUSIP), would be granted identical rights as regular stocks, and would trade according to the same rules. Nasdaq wants to integrate tokenized securities into the existing infrastructure, where a traditional depository institution (DTC) would provide clearing and settlement, but the stocks would be registered on the blockchain.#blockchain This would facilitate faster and more transparent settlement and could also increase market liquidity. If the SEC approves the proposal, it would be the first time that tokenized stocks have been granted legal status on a major US stock exchange. #Write2Earn
