Nasdaq Vows Rapid Push Into Tokenized Stocks
Matt Savarese, Nasdaq’s head of digital asset strategy, told stakeholders the exchange is fully prepared to address any questions the U.S. Securities and Exchange Commission may raise about its tokenized stock proposal and is ready to move rapidly once concerns are resolved. His comments frame readiness as a deliberate effort to engage regulators and shorten the path from proposal to market launch. The push matters because tokenized stocks aim to enable fractional ownership, extended trading hours and faster settlement, changes that could broaden access and reshape competition among exchanges and crypto platforms. The SEC’s review remains the key gating factor; how quickly Nasdaq resolves regulatory issues could influence institutional confidence and future rulemaking around custody, transparency and investor protections.