Matt Savarese, the Head of Digital Asset Strategy at Nasdaq, has clearly prioritized the SEC approval of the tokenized stock plan as a primary task, accelerating the progress while currently focusing on assessing public feedback. The core idea is not to disrupt the existing securities system, but to promote the integration of tokenization into the mainstream financial market under the SEC regulatory framework, centered on investors.

Previously, Nasdaq submitted a rule change proposal to the SEC, intending to support the trading of tokenized stocks and ETFs on the main board. If approved, it will become one of the first mainstream platforms in the United States to legally enable the concurrent trading of on-chain securities and traditional stocks. The plan is designed to balance innovation and risk management through a unified order book and reliance on existing clearing infrastructure, potentially opening new scenarios for the integration of traditional securities and blockchain technology, which is definitely beneficial for the cryptocurrency industry #加密市场观察 .