#Nasdaq

67 articles tagged #Nasdaq — curated RWA tokenization coverage.

#Tokenization #Kraken #RWA #TokenizedEquities #TokenizedStocks #MarketInfrastructure #DTCC #InstitutionalFinance #SEC #BlackRock

Stocks

Zhibao signs deal to explore tokenization of Nasdaq shares By Investing.com

Zhibao Technology Inc. has entered a strategic framework agreement with Bedrock to explore the tokenization of its Nasdaq-listed Class A Ordinary Shares. The initiative aims to issue shares natively on public blockchain networks while maintaining standard shareholder rights such as voting and dividends. Unlike synthetic derivatives, this model seeks to integrate equity directly into on-chain infrastructure, marking a significant step for corporate digital asset strategy. Additionally, the partnership will evaluate deploying a portion of Zhibao's 2,380 Bitcoin treasury into Bedrock’s liquid restaking protocols. This move follows Zhibao's $154.7 million Bitcoin-settled private investment in public equity financing completed in August 2026. The project remains subject to rigorous U.S. securities law compliance, Nasdaq regulatory approval, and the engagement of qualified custodians. Both parties intend to finalize a definitive agreement within 12 months, focusing on compliance-gated frameworks and smart contract insurance. This development highlights a growing trend of publicly traded companies seeking to bridge traditional equity markets with blockchain-based operational models.

#TokenizedEquity #Nasdaq #Zhibao

in.investing.com·Oct 12, 20267.5

Infrastructure

TruGolf's Pending Polymath Acquisition Signals Major Shift into Tokenized Asset Infrastructure - citybuzz -

TruGolf Holdings has announced a pending acquisition of Polymath Research Inc. to integrate institutional-grade tokenization infrastructure into its Nasdaq-listed golf technology business. Polymath brings a robust ecosystem, reporting over $132 million in tokenized assets issued and more than 65 active issuers as of December 2025. The platform features a purpose-built Layer-1 blockchain, confidential settlement, and regulated issuance tools designed for institutional financial instruments. This strategic move aims to create a dual-track growth model by combining TruGolf’s existing revenue streams with Polymath’s digital asset capabilities. With $4.2 million in 2025 revenue and a $1 billion identified backlog, Polymath provides a significant foundation for TruGolf’s expansion into the RWA sector. The merger highlights a growing trend of public companies seeking to acquire vertically integrated tokenization stacks to bridge traditional finance and blockchain settlement. If finalized, the combined entity will represent a rare example of a Nasdaq-listed firm operating a comprehensive, regulated tokenization infrastructure.

#RWA #Tokenization #Nasdaq

citybuzz.co·Oct 2, 20267.5

Infrastructure

OpenWorld Takes Over Nasdaq Listing to Build RWA Tokenization Business

OpenWorld has officially entered the public market via a reverse acquisition of VerifyMe, resulting in a Nasdaq-listed entity trading under the ticker OPNW as of October 1. While the merger successfully transitioned OpenWorld’s RWA tokenization and capital-markets operations into a public structure, a key proposal to authorize 'Blockchain Common Stock' for listing on Figure’s Onchain Public Equity Network failed to meet the required shareholder voting threshold. Despite receiving more votes in favor than against, the proposal fell short of the 50% total voting power requirement, leaving a gap in the company's on-chain equity strategy. The combined entity is now controlled by former OpenWorld securityholders, who hold approximately 85.5% of the fully diluted equity. Financial filings reveal that OpenWorld’s revenue model currently relies on bespoke, project-based mandates rather than predictable, repeatable infrastructure income. This transition to a public company provides investors with unprecedented transparency into the financial health of an RWA-focused firm. The company’s ability to navigate its own corporate and regulatory hurdles regarding on-chain equity will serve as a practical test case for the challenges its clients face in the broader RWA market. Ultimately, the firm must now prove it can scale beyond individual mandates to achieve sustainable, diversified revenue growth.

#RWA #Nasdaq #OpenWorld

cryptonews.net·Oct 1, 20267.5

Stocks

Here’s how Near Protocol and Ondo are setting new ground for crypto and tokenized trading

The tokenized Real-World Asset market is advancing in the US, marked by significant institutional moves and protocol innovations despite legislative hurdles. Earlier this year, the NYSE partnered with Securitize to develop tokenized securities infrastructure, while Nasdaq gained SEC approval to tokenize US securities from the Russell 1000 Index and selected funds, signaling a shift towards tokenized stocks. Although the Digital Asset Market Clarity Act failed in the US Senate on September 15, the SEC swiftly introduced an "Innovation Exemption," providing a five-year conditional path for selected exchanges to trade tokenized US stocks. In this evolving landscape, Near Protocol and Ondo are emerging as key players. Near Protocol's multichain transaction pool, NEAR Intents, offers confidential perpetuals and, in partnership with Ondo, access to tokenized US stocks and Treasury bills. Ondo, identified as a leading provider by rwa.xyz, reported a distributed asset value of approximately $3.87 billion as of September 30, reflecting a 9.35% increase in 30 days, with 460 tokenized assets and over 515,000 holders. NEAR Intents also recorded a Confidential Total Value Locked of $156.43 million on September 29, showcasing strong inflows. These platforms, while employing strict KYC, are actively closing the gap between traditional and crypto markets by offering faster settlement and robust security features, including intercepting a $50 million money-laundering attempt. The ongoing developments highlight a growing demand for tokenized assets even as legislative clarity remains uncertain.

#Ondo #NYSE #Nasdaq

fxstreet.com·Oct 1, 20267.5

Infrastructure

$1 Billion XRP Treasury Closes in Nasdaq Listing Amid Tokenization Boom: Main Crypto News This Morning

Evernorth Holdings and Armada Acquisition Corp. II have concluded the proxy voting phase for their merger, paving the way for a Nasdaq listing under the ticker XRPN. This entity will manage a treasury exceeding $1 billion in XRP, backed by institutional commitments from firms like SBI Holdings and Arrington Capital. Simultaneously, Ripple is expanding its RWA footprint in Latin America through a partnership with Brazil's Central Securities Depository to tokenize BTG Pactual investment funds on the XRP Ledger. These developments occur as the broader RWA market reaches a net on-chain value of $38.54 billion, with tokenized stocks and ETFs emerging as high-growth segments. While the market anticipates the scheduled release of 1 billion XRP from escrow, the focus remains on the integration of traditional financial infrastructure with blockchain-based audit layers. The regulatory environment is evolving, with the SEC granting innovation exemptions for tokenized stock trading via automated market makers. These milestones signify a shift toward institutional-grade RWA tokenization, bridging the gap between traditional capital markets and distributed ledger technology.

#XRP #RWA #Tokenization

u.today·Sep 30, 20267.5

Infrastructure

FSC Chairman Lee Eog-won Discusses Tokenized Securities With Nasdaq, DTCC and HKEX

South Korea’s Financial Services Commission Chairman Lee Eok-weon held high-level meetings with representatives from Nasdaq, the Depository Trust & Clearing Corporation (DTCC), and Hong Kong Exchanges and Clearing (HKEX) to discuss the future of tokenized securities. The discussions focused on integrating global best practices for Security Token Offerings (STOs) as South Korea prepares for the implementation of its Electronic Securities Act in February 2027. Participants examined critical infrastructure shifts, including the transition to T+1 settlement cycles and the development of robust market-segmentation rules. The DTCC emphasized that tokenized securities are poised to become a foundational element of global capital markets, with significant potential for expansion beyond traditional asset classes. By engaging with major international market operators, South Korean regulators aim to align their domestic framework with global standards to ensure seamless interoperability. This collaborative approach highlights the growing institutional consensus that tokenization is a strategic priority for modernizing financial market infrastructure. These international dialogues serve as a blueprint for South Korea to build a comprehensive, compliant ecosystem for digital assets.

#DTCC #Nasdaq #SouthKorea

en.bloomingbit.io·Sep 30, 20267.5

Infrastructure

Nasdaq Eyes Always-On Markets With Tokenized Equities and 23/5 Trading

Nasdaq is advancing its 'always-on' market strategy by integrating tokenized equities and extended trading hours to enhance investor access and market efficiency. President Tal Cohen confirmed that the upcoming Nasdaq Equity Token will be issuer-sponsored, ensuring that economic and governance rights, such as proxy voting and dividends, remain intact for investors. The company has partnered with Kraken to distribute these tokens and utilize Nasdaq’s surveillance technology, aiming to bridge permissioned and permissionless blockchain environments. Nasdaq projects a $3 billion to $6 billion serviceable market for these always-on initiatives by 2030, encompassing trading, asset servicing, and collateral management. Furthermore, the firm is connecting its Calypso collateral-management platform to digital rails like the Canton Network to facilitate real-time margin views and 24/7 collateral mobility. By acquiring the alternative trading system LeveL, Nasdaq intends to expand its execution protocols and international reach while maintaining a strictly regulated framework. This shift represents a significant institutional effort to standardize interoperability between traditional financial markets and blockchain infrastructure.

#CantonNetwork #TokenizedEquities #Kraken

marketbeat.com·Sep 24, 20269.0

Stocks

Myseum.AI to Apply for Tokenization of Nasdaq-Listed Common

Myseum.AI, a Nasdaq-listed privacy-focused AI and social media company, has announced its intention to apply for the tokenization of its common stock. The company aims to create an issuer-authorized, blockchain-based representation of its shares that preserves traditional economic and voting rights rather than creating a synthetic derivative. This initiative follows recent regulatory developments in the United States that support the integration of blockchain infrastructure into public equity markets. Myseum.AI plans to engage with regulated digital-asset platforms, custodians, and transfer agents to evaluate potential implementation strategies. The company emphasizes that this move is intended to modernize share ownership, improve settlement efficiency, and increase transparency for investors. While the proposal is in the early evaluation stage, it represents a significant step toward bridging traditional Nasdaq-listed securities with regulated digital-asset infrastructure. No new securities are being issued at this time, and existing shareholders remain unaffected by this announcement.

#TokenizedStocks #Nasdaq #DigitalSecurities

globenewswire.com·Sep 23, 20267.5

Infrastructure

Securitize stock surges as Benchmark initiates coverage with buy rating and $16 target

Securitize has gained significant institutional validation after investment firm Benchmark initiated coverage with a Buy rating and a $16 price target. As a leading infrastructure provider, Securitize currently commands approximately 70% of the United States tokenization market. The company serves as the primary technical partner for BlackRock’s BUIDL fund, which holds roughly $1.7 billion in assets. This market position is further bolstered by a partnership with the New York Stock Exchange to develop infrastructure for trading tokenized stocks and ETFs. Securitize is currently pursuing a public listing on the Nasdaq via a merger with Cantor Equity Partners II under the ticker SECZ. Analysts view the firm as a critical 'picks and shovels' play in a sector projected to attract over $30 trillion in assets over the next decade. This development highlights the growing integration of blockchain technology into traditional financial clearing and settlement processes. The firm's progress remains a bellwether for the broader RWA industry as it navigates evolving regulatory requirements from the SEC.

#BUIDL #Tokenization #Securitize

cryptobriefing.com·Sep 21, 20268.5

Infrastructure

Nasdaq stock extends gains on tokenized markets push - ad-hoc

Nasdaq has expanded its strategic partnership with Payward, the parent company of the Kraken exchange, to further develop the Nasdaq Equity Token framework. This collaboration integrates Nasdaq's advanced market surveillance technology into the tokenized asset ecosystem, aiming to enhance security and regulatory compliance for digital securities. The initiative underscores Nasdaq's commitment to bridging traditional financial infrastructure with blockchain-based equity markets. While the announcement coincides with Nasdaq's stock trading at USD 93.94 and a market capitalization of USD 52.27 billion, the focus remains on the technological integration of surveillance tools. By leveraging institutional-grade monitoring, the partnership seeks to provide the necessary oversight for the growing tokenized market sector. This development is significant as it signals a major exchange operator actively building the plumbing required for institutional adoption of tokenized equities. The move reflects a broader industry trend where established market technology providers prioritize robust surveillance to mitigate risks in decentralized or tokenized trading environments.

#TokenizedEquities #Kraken #Nasdaq

ad-hoc-news.de·Sep 20, 20267.5

Stocks

Tokenized Equities Shaping Tomorrow's Finance

Nasdaq has announced a strategic $100 million investment in Payward, the parent company of the Kraken exchange, to develop Nasdaq Equity Tokens (NETs). Scheduled for launch in the second quarter of 2027, this initiative aims to transition equity trading to blockchain-based on-chain settlements. By leveraging blockchain technology, the partnership seeks to streamline clearing processes that currently tie up over $2 trillion in daily U.S. stock transactions. The project emphasizes the integration of Nasdaq’s market surveillance technology to ensure compliance and mitigate risks of fraud or market manipulation. Regulatory oversight remains a central focus, with the SEC providing provisional relief while mandating that tokenized securities must preserve traditional investor rights like dividends and voting. This collaboration represents a significant institutional effort to modernize capital markets and improve liquidity by reducing settlement times. The success of this venture depends on balancing technological innovation with the stringent legal protections required for institutional-grade financial assets.

#TokenizedEquities #SEC #Kraken

onesafe.io·Sep 19, 20268.5

Stocks

Coinbase Says Its Tokenized Stocks Set the Standard — But Nasdaq Is Backing a Rival

Coinbase is positioning its tokenized stock offerings as the industry standard by providing 1:1 backed securities that include full voting rights and dividend distributions for non-U.S. investors. Unlike synthetic derivatives that merely track price, these tokens represent a beneficial claim on underlying shares held in bankruptcy-remote custody. The assets are designed to function within the Base ecosystem, enabling 24/7 trading, lending, and collateral usage. Simultaneously, Nasdaq is intensifying the competition by investing $100 million into Payward, the parent company of Kraken, to develop Nasdaq Equity Tokens. This partnership aims to launch a regulated infrastructure for tokenized equities by the second quarter of 2027. While Coinbase focuses on deep integration with DeFi protocols and Chainlink oracles, Nasdaq is prioritizing the connection between blockchain assets and traditional financial markets. This rivalry highlights a broader shift in the RWA sector, where the primary value is moving from simple asset issuance to the development of robust, cross-market infrastructure. The outcome of this battle will likely determine how traditional securities are bridged into an always-on, programmable financial system.

#Base #RWA #TokenizedStocks

tradingview.com·Sep 18, 20268.0

Stocks

On Tokenized Stock Rights

The tokenized equity market is currently divided between synthetic, unsponsored tokens and direct, consented stock representations. Robinhood has faced public pushback from AMC CEO Adam Aron regarding its unsponsored stock tokens, yet the firm maintains that these products function similarly to traditional unsponsored ADRs. Meanwhile, Nasdaq is taking a different approach by investing $100 million in Payward to develop consented Nasdaq Equity Tokens with full voting rights, slated for a 2027 launch. Data shows that 84.5% of the $2.9 billion tokenized equity market consists of unsponsored tokens, with Robinhood and Binance driving the majority of volume through gas subsidies that are set to expire. This shift highlights a growing tension between high-volume synthetic products and regulated, consented offerings. Simultaneously, BlackRock’s BUIDL fund has seen its market share drop to 18% due to high onboarding friction, despite widespread adoption as collateral. These developments signal a critical transition period where organic demand will be tested as subsidies end and institutional clearinghouse integration becomes the new focus.

#BUIDL #TokenizedEquities #BlackRock

theblock.co·Sep 17, 20268.5

Infrastructure

Tokenization Is Bringing Traditional Markets On-Chain — and DeFi May Be Entering Its Next Growth Phase

Nasdaq has announced a $100 million investment in Payward, the parent company of Kraken, to accelerate the development of infrastructure for tokenized equities. This strategic move highlights the growing convergence between traditional financial institutions and decentralized finance, signaling a shift toward blockchain-based market infrastructure. As of September 2026, the value of tokenized real-world assets, excluding stablecoins, has surpassed $25 billion, with U.S. Treasuries and private credit leading the growth. The platform Lvvas emphasizes that the future of DeFi lies in the interoperability of these tokenized assets with smart contracts and decentralized applications. By moving beyond crypto-native assets, the industry is evolving to integrate traditional financial instruments into programmable, on-chain systems. This transition aims to replace multi-intermediary settlement processes with automated, blockchain-based execution. Ultimately, the success of this shift depends on evolving regulatory frameworks, custody solutions, and the ability to securely integrate traditional assets into decentralized ecosystems.

#RWA #TokenizedEquities #Kraken

financialcontent.com·Sep 17, 20267.5

Infrastructure

Nasdaq (NDAQ) Could Be 14% Undervalued On Its Push Deeper Into Tokenized Markets

Nasdaq is expanding its strategic focus on tokenized markets by deepening its collaboration with Payward, the parent company of the Kraken crypto exchange. This partnership centers on advancing the Nasdaq Equity Token framework and implementing a new market surveillance agreement to support digital asset trading. While Nasdaq faces short-term share price volatility, with a year-to-date decline of 7.69%, the company continues to position itself as a key infrastructure provider for the evolving tokenization landscape. The firm's long-term growth narrative is increasingly tied to the successful adoption of its tokenization technology and the regulatory environment surrounding digital securities. Analysts are weighing these strategic technological advancements against current valuation metrics, noting that the stock trades at a P/E ratio of 25.4x. The potential for Nasdaq to capture market share in the tokenized asset space remains a critical factor for its future valuation. Ultimately, the company's ability to integrate traditional market surveillance with blockchain-based equity frameworks will determine its competitive standing in the RWA sector.

#Tokenization #Kraken #Nasdaq

simplywall.st·Sep 16, 20266.5

Infrastructure

NASDAQ Bets $100 Million on Kraken's Parent as Tokenized Stocks Target 2027...

Nasdaq has committed a $100 million investment into Payward, the parent company of the cryptocurrency exchange Kraken, to accelerate the development of tokenized stock trading. This strategic partnership aims to launch Nasdaq Equity Tokens (NETs) by the second quarter of 2027, bringing 24/7 trading flexibility to traditional equity markets. Beyond the tokenization initiative, Payward will integrate Nasdaq’s proprietary surveillance technology across its trading venues to enhance market monitoring for both crypto and traditional assets. The deal underscores a significant institutional push to bridge the gap between legacy financial infrastructure and digital asset platforms. While the investment values Payward at $21 billion, the focus remains on building the underlying systems for regulated tokenized securities. The initiative faces the complex challenge of balancing economic exposure with shareholder rights, a point of contention in previous market disputes. Ultimately, this collaboration represents a major exchange operator betting on the future of blockchain-based settlement and trading infrastructure.

#TokenizedStocks #Kraken #Nasdaq

globalcryptopress.com·Sep 15, 20268.5

Stocks

Nasdaq Equity Tokens vs Kraken xStocks vs Real Shares: What Do You Actually Own?

Nasdaq and Payward, the parent company of Kraken, are collaborating to launch Nasdaq Equity Tokens (NETs) by the second quarter of 2027. This initiative follows a $100 million investment by Nasdaq Ventures into Payward announced on September 10. The project aims to distinguish itself from existing products like Kraken’s xStocks by ensuring that a transfer of a NET represents a direct transfer of the underlying security itself, rather than a derivative representation. While xStocks provide economic exposure to equities like Apple through a custodial structure, they do not grant the holder direct legal status as a shareholder. In contrast, Nasdaq’s proposed model seeks to integrate blockchain records directly with a public company’s official share registry to preserve legal and regulatory status. This development highlights a growing convergence between traditional Wall Street infrastructure and blockchain technology, emphasizing the importance of legal rights in asset tokenization. By focusing on programmable corporate actions and direct registry integration, Nasdaq intends to maintain issuer control while enabling 24/7 market operations. The partnership also includes Payward adopting Nasdaq’s market-surveillance technology to enhance integrity across various digital asset venues.

#TokenizedEquities #BlockchainInfrastructure #Kraken

cryptotimes.io·Sep 15, 20269.0

Infrastructure

Nasdaq (NDAQ) Expands Partnership To Build Tokenized Equity Infrastructure

Nasdaq has expanded its strategic partnership with blockchain technology provider R3 to accelerate the development of institutional-grade infrastructure for tokenized assets. This collaboration focuses on building a scalable platform capable of supporting the lifecycle of digital securities, including issuance, settlement, and custody. By leveraging R3’s Corda platform, Nasdaq aims to address the growing demand from financial institutions for secure, regulated environments to trade tokenized equities. The initiative represents a significant step toward integrating traditional market standards with distributed ledger technology to improve operational efficiency. As global markets increasingly explore digital transformation, this partnership positions Nasdaq to capture institutional interest in the tokenization of private and public securities. The move underscores a broader industry shift where major exchange operators are prioritizing the modernization of post-trade processes through blockchain. This development is critical for the RWA market as it provides the necessary institutional plumbing to bridge the gap between legacy financial systems and decentralized digital asset ecosystems.

#Tokenization #Nasdaq #DigitalSecurities

simplywall.st·Sep 14, 20268.5

#Nasdaq

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