Nasdaq winning SEC approval to move stocks onchain shows how Wall Street is taking charge of crypto tech

Nasdaq's structure the SEC approved opens door to bring blockchain benefits to equities, while preserving the same-old intermediaries and market structure, industry insiders say. What to know : The SEC has approved Nasdaq’s framework to trade certain tokenized stocks and ETFs on blockchain rails alongside traditional shares. The move is a key development that paves the way for 24/7, global access to U.S. equities, industry experts say. Critics, however, note that the system keeps trading within a permissioned, intermediary-heavy structure, limiting the transformative potential of tokenization compared with more progressive jurisdictions.(Coindesk)