ChainThink report, on September 9, as the Trump administration eases cryptocurrency regulations, exchange operator Nasdaq is working with U.S. regulators to introduce tokenized securities trading, becoming the latest major financial institution in Wall Street to strongly bet on the tokenization trend. If approved, this will be the first time that tokenized securities are permitted to trade on a major U.S. stock exchange. Nasdaq submitted a proposal to the U.S. Securities and Exchange Commission (SEC) on Monday, suggesting regulatory adjustments to allow listed stocks and exchange-traded products (ETPs) to trade on Nasdaq's main market in "traditional digital or tokenized form."

Nasdaq stated in the document that it believes the market can use tokenization while "continuing to provide the benefits and protections of the national market system." A few days earlier, the U.S. SEC published its rulemaking agenda for the coming months, which includes potential revisions to allow cryptocurrency to trade on national stock exchanges and alternative trading systems. (Jin10)