Nasdaq Inc. said it’s planning a new design for tokenized equities, with publicly traded companies having more control over their shares in tokenized form, including proxy-related and corporate actions as well as governance rights.
The initiative follows a tokenization proposal, filed with the US Securities and Exchange Commission in September, in which Nasdaq said it’s planning to enable equity securities to trade on its markets and settle in token form through the Depository Trust & Clearing Corp. Nasdaq said Monday that partner Payward, the parent company of global crypto platform Kraken, will design a gateway for tokenized equities to ...
