Nasdaq Launches Tokenized Stocks Platform Targeting European Market
The new xStocks platform records $25B in volume and 85,000 holders, offering tokenized shares with full voting rights and dividends pending SEC (U.S. securities regulator) approval.
Summary
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Terms & Concepts
Tokenized Stocks: Digital representations of traditional stocks issued on a blockchain, allowing fractional ownership and real-time settlement.
SEC (U.S. Securities and Exchange Commission): The primary U.S. regulator overseeing securities markets and protecting investors.
xStocks: A Nasdaq platform enabling trading of tokenized stock assets with blockchain-based ownership and full shareholder rights.