Nasdaq's head of digital asset strategy, Matt Savarese, said the exchange is ready to answer the SEC's questions and push quickly on its tokenized stock proposal. The statement signals Nasdaq intends to accelerate tokenized equity offerings pending regulatory clearance.
Kraken co-CEO Arjun Sethi told Yahoo Finance Invest that recent Bitcoin weakness has not materially affected the exchange and highlighted tokenized stock offerings and regulatory engagement as key priorities. He framed volatility as manageable given Kraken's product mix and compliance focus.

On October 2, 2025, Bitcoin surpassed $120,000 amid U.S. government shutdown concerns. Key industry leaders highlight tokenized stocks adoption and Avalanche's treasury strategy.

Explore the latest developments in the crypto market, including tokenized stocks by Coinbase and Robinhood, Republic's innovative 'mirror tokens' for private companies, and the Supreme Court's IRS data ruling. Plus, financial adviser Ric Edelman's increased crypto allocation recommendations and current Bitcoin and Ethereum price updates. Discover how Bitlet.app can help you seize opportunities with flexible crypto installment services.