Nasdaq & Kraken Team Up for Tokenized Stocks
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Nasdaq and Payward, Krakens parent company, are collaborating to create a platform for tokenized stocks, leveraging blockchain technology. This partnership allows issuers to tokenize equities, tapping into a market valued at over nine trillion dollars. Tokenization simplifies trading and maintains shareholder rights, including voting and dividends. Nasdaq plans to integrate blockchain records into company share registries using Paywards xStocks tech, starting operations in the first half of 2027. Additionally, theyre partnering with Boerse Stuttgart to facilitate blockchain stock trading in Europe.
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