The U.S. SEC approves Nasdaq's tokenized stock trading pilot project.

Techub News reports, official documents show that the U.S. Securities and Exchange Commission (SEC) has approved the Nasdaq tokenized stock trading pilot project. During the pilot project operated by the Depository Trust Company (affiliated with DTCC) in the U.S., eligible participants will be able to settle trades in tokenized form. These stocks will share the same order book and execution priority as traditional stocks. Tokenized stocks must also provide shareholders with the same rights and privileges as regularly traded stocks.