Nasdaq and Kraken will enable tokenized equities to move between regulated and onchain markets while preserving issuer rights and regulatory compliance.
Nasdaq, the world’s second-largest stock exchange by market capitalization, is expanding its push into tokenized equities through a partnership with crypto exchange Kraken and its infrastructure affiliate Backed.
The exchange said Monday it plans to support equity tokenization in a way that preserves issuer control, as it looks to connect traditional market infrastructure with blockchain-based networks.
Nasdaq has partnered with Payward, Kraken’s parent company, and its subsidiary Backed, the issuer behind xStocks, to develop an equities transformation gateway.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments