September 9, 2025
Nasdaq Moves to Tokenize Stocks and Signal a Digital Asset Future
Nasdaq has filed with the U.S. Securities and Exchange Commission to begin trading tokenized stocks and exchange traded products. This move, if approved, would make Nasdaq the first major U.S. exchange to integrate tokenized securities into the regulated market system, signaling a major step toward a digital asset future.
News
Buffs
Bryson Conder

The financial world is watching Nasdaq closely after its recent filing with the U.S. Securities and Exchange Commission. The exchange has asked for approval to trade tokenized versions of equities and exchange traded products alongside traditional instruments. If the proposal moves forward, it would be the first major U.S. exchange to bring tokenized securities into the regulated market system. Nasdaq’s filing makes clear that tokenized stocks would operate under the same protections and infrastructure as traditional shares. Trades would still clear through the Depository Trust Company. Transaction priority, surveillance, and investor safeguards would remain unchanged. The only difference is that blockchain rails would now be part of the settlement process. This design allows innovation without sacrificing the standards that define U.S. markets. The move is more than a technical step. It signals that digital asset infrastructure is no longer experimental. Nasdaq is positioning itself as a bridge between traditional finance and the blockchain future. By treating tokenized securities with the same rights and responsibilities as regular equities, the exchange sets a precedent that value can be redistributed across new systems without creating fragmentation or regulatory gaps. Other signals in the market reinforce this momentum. Galaxy Digital recently became the first U.S. company to tokenize its own common stock, making it accessible through blockchain based trading while retaining full shareholder rights. At the retail level, Trust Wallet in partnership with Ondo Finance is rolling out tokenized U.S. stocks and ETFs to its massive user base. Both institutional and consumer sides of the market are moving in the same direction, making tokenized equity more accessible and more normal by the day. For investors and builders, the impact could be significant. Tokenization makes assets available on a global, 24 hour basis. Settlement is faster, record keeping is transparent, and liquidity can reach a wider set of participants. By folding this into a regulated environment like Nasdaq, tokenized assets gain legitimacy and protection. This combination of speed and trust is what many in the industry have been waiting for. The timeline is also important. If regulators approve the filing, token settled trades could be active as early as 2026. That gives issuers, custodians, and technology providers a clear horizon to prepare. It also provides the market with a strong signal that the infrastructure for tokenization is no longer an idea but a roadmap in progress. For REAX MEDIA INC the takeaway is simple. The system is changing in plain sight. Tokenization is no longer an abstract conversation in crypto circles. It is becoming a central part of the global market structure. When Nasdaq moves, the industry pays attention. When companies like Galaxy Digital and platforms like Trust Wallet follow suit, it shows that momentum is building from every side. This is not about speculation. It is about the maturation of digital assets as a foundation for the future of finance. Nasdaq’s proposal is a landmark, not only for the exchange but for the broader vision of how markets will evolve. The signals are clear. The future is already being built, and tokenization is at the center of it.
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