Nasdaq’s crypto chief promises quick action on tokenized stocks

The Nasdaq exchange is prioritizing SEC approval for its tokenized stock proposal. Matt Savarese expressed the desire to respond quickly to the SEC’s inquiries, indicating readiness to facilitate the regulator’s evaluation process.

Savarese stated that Nasdaq aims to innovate without disrupting existing systems. Tokenized stocks are a key topic in the crypto industry this year, underlining their potential impact on traditional trading mechanisms.

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