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Nasdaq’s tokenization gambit: Wall Street
finally joins the future

Original Article

Posted By: 4250Luis, 9/10/2025 5:40:43 AM

At long last, the guardians of traditional finance have admitted the obvious: the future of securities lies on-chain. Nasdaq’s application to the SEC to list and trade tokenized U.S. stocks and exchange-traded products is not a gimmick. It is the most significant step Wall Street has taken toward legitimizing the digital infrastructure that crypto builders have been perfecting for over a decade. For years, tokenization was dismissed as a fever dream of crypto maximalists. Now the world’s second-largest exchange wants in. Nasdaq’s plan is deliberately cautious. Tokenized securities will carry the same CUSIPs, the same voting rights, and the same dividend streams as their paper-era counterparts.

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Reply 1 - Posted by: Californian 9/10/2025 7:20:32 AM (No. 2001623)
Author wants to get faster trade resolution in exchange for the entire world knowing everyone's trades and full portfolio? No thanks. My business is my business. You won't see Pelosi or any other inside trading congress scum using these.
2 people like this.

Reply 2 - Posted by: chumley 9/10/2025 9:42:33 AM (No. 2001732)
Problem with crypto et al is that it can be vaporized with a keystroke and you can never prove it existed. We would be far better off with coins that contained the face value in metals. When I was a kid Turkey had the value of bank notes IN the bill. It was a wire (we assumed platinum) embedded inside the currency. If you had a 100 lira bill, it had 100 liras worth of metal in it. Not just a promise on a 2 cent piece of paper like we have here. The gold standard would be a good start.
3 people like this.

Reply 3 - Posted by: DVC 9/10/2025 10:09:11 AM (No. 2001758)
So, now your stocks can vanish in a blink of a computer screen.
2 people like this.

Reply 4 - Posted by: seamusm 9/10/2025 11:17:00 AM (No. 2001804)
I am a self-directed stock investor and also have a 401K portfolio. I haven't seen let alone possessed a physical stock certificate for 30 plus years. So, I am uncertain as to how much more dangerous this proposal might engender. Nonetheless, ALL we own is subject to theft whether by the ChiComs, the Russkies, or even our own government.
2 people like this.

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Nasdaq’s tokenization gambit: Wall Street
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Posted by 4250Luis 9/10/2025 5:40:43 AM Post Reply
At long last, the guardians of traditional finance have admitted the obvious: the future of securities lies on-chain. Nasdaq’s application to the SEC to list and trade tokenized U.S. stocks and exchange-traded products is not a gimmick. It is the most significant step Wall Street has taken toward legitimizing the digital infrastructure that crypto builders have been perfecting for over a decade. For years, tokenization was dismissed as a fever dream of crypto maximalists. Now the world’s second-largest exchange wants in. Nasdaq’s plan is deliberately cautious. Tokenized securities will carry the same CUSIPs, the same voting rights, and the same dividend streams as their paper-era counterparts.
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