Mar. 19 at 4:20 AM
The SEC has approved a Nasdaq rule to allow tokenized stocks & securities trading in the US.
The SEC signed off on the rule on March 18, 2026, concluding it aligns w/ federal securities laws & investor protection standards.
The Nasdaq change allows eligible participants to opt into tokenized stock settlement using a designated order flag, signaling that a trade should clear and settle in token form rather than through traditional book-entry systems.
Under the framework, tokenized securities must remain fully fungible with their traditional counterparts, sharing the same ticker, CUSIP, & shareholder rights.
Investors in tokenized shares will retain standard protections, including voting rights, dividend access, & claims on residual assets, ensuring consistency w/ existing securities laws.
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