Visual Guide to the recent SEC Report: Why Allow Nasdaq to Trade Tokenized Stocks?

By: theblockbeats.news|2026/03/19 09:01:46

BlockBeats News, March 19th, the U.S. Securities and Exchange Commission this morning officially approved a Nasdaq rule modification, allowing the trading of securities on its exchange in "tokenized form," marking a key step for the traditional capital market towards blockchain.

According to the plan, eligible stocks and ETFs can undergo clearing and settlement in the existing trading system in the form of on-chain tokens, sharing the same order book, the same trading priority, and exactly the same shareholder rights as traditional stocks. The pilot is based on the tokenization plan of the Depository Trust & Clearing Corporation (DTCC), investors can choose whether to settle in token form when placing orders, and the system will complete on-chain processing after the trade.

Nasdaq stated that in addition to the settlement method, trading rules, market data, fee structure, and regulatory oversight remain unchanged, and tokenized securities are fully integrated into the existing securities law framework.

For more details, please refer to the infographic.

-- Price

The widespread adoption of on-chain financial applications still faces an invisible barrier: the lack of transaction order certainty. Under a single leader architecture, nodes can delay, censor, or even front-run user transactions, thus completely distorting the game among market makers, bidders, an...

Founder of Delphi Labs: My observations and feelings about the AI ecosystem in China in two weeks

Delphi Labs co-founded a deep observation of China's AI ecosystem: hardware manufacturing is quietly winning the global war at an astonishing speed, but the software sector is mired in an overvaluation bubble and the homogenization of founders.

AI Seating Chart Released | Rewire News Morning Brief

Musk and Ultraman are not above

Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain

Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.

Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives

The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending

Binance Cracks Down on Market Makers, a Long-overdue Trial

True accountability requires regulatory involvement, enforcement agencies, rather than allowing the exchange to act as its own judge.

Wall Street Collective Bearish on 2026, Will the Oil Crisis Trigger a Recession?

「There is no middle ground; the result will definitely be one of two extremes.」

Hollywood's AI Necromancy: Death Is No Longer the End of Labor

Post-Mortem Economics

a16z: DeFi Struggling to Support a True Financial Market

More important than throughput is the determinism and fairness of transaction execution.

Morning News | Bitmine launches institutional Ethereum staking platform MAVAN; Franklin Templeton launches tokenized ETF; Morgan Stanley to issue and sponsor Bitcoin ETF

Overview of Important Market Events on March 25

Kalshi early employees: Whoever controls the traffic controls the market

Robinhood can decide where tens of millions of contracts go with the flip of a switch, while the exchanges do all the hard work but cannot control their own fate.

Tether signs contracts with four major audits, Circle's compliance moat collapses, stock price plummets by 20%

USDT, with a market value of 184 billion dollars, is undergoing its first comprehensive inspection in history.