Nasdaq receives SEC approval to bring certain stocks and ETFs onto blockchain trading

The U.S. Securities and Exchange Commission (SEC) has approved Nasdaq's framework, allowing certain tokenized stocks and ETFs to be traded in parallel with traditional stocks via blockchain. Industry insiders believe this move paves the way for U.S. stocks to achieve globalization and round-the-clock trading, but critics point out that the system still relies on permissioned and intermediary structures, limiting the potential transformative impact of tokenization.