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Nasdaq has submitted a proposal to the SEC to allow trading of tokenized stocks on its platform, blending traditional finance with blockchain technology. This move could significantly boost adoption of cryptocurrencies like XRP, Ethereum, and Solana. Experts predict massive benefits for blockchain networks as institutions transition toward tokenization.
- Nasdaq's proposal allows tokenized and traditional shares to trade in the same order book with equal execution priority.
- Market participants can select a 'tokenized flag' for settlement preferences, streamlining blockchain integration.
- Experts predict XRP could serve as a bridge currency, potentially routing trillions in tokenized asset value.
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