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- Nasdaq proposes on-chain trading for stocks and ETFs, pending SEC approval.
- Ondo Finance positioned as a bridge for mainstream tokenized assets adoption.
- Ethereum network likely to see higher transaction volumes and network demand.
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Nasdaq has taken a bold step toward the future of finance by filing a proposal with the U.S. Securities and Exchange Commission (SEC) to allow tokenized securities on its main market. This initiative could enable shares and ETFs to settle on-chain while maintaining current investor protections, potentially marking a major shift in how traditional markets interact with blockchain technology.
Nasdaq Could Be First Major Exchange to Enable Tokenized Trading
If approved, Nasdaq would become the first major U.S. exchange to offer token-settled trading, allowing investors to buy and sell stocks and ETFs on-chain. While the SEC has postponed its decision on the 21Shares Polkadot ETF until November, Nasdaq’s filing signals a growing institutional interest in tokenized assets and digital market infrastructure.
Ondo Finance Positioned as Key Bridge for Tokenized Assets
Ondo Finance recently highlighted its Ondo Global Markets platform, offering more than 100 tokenized U.S. stocks, ETFs, Treasuries, and money-market products for institutional investors. The platform’s readiness positions it as a vital bridge for mainstream adoption if Nasdaq’s proposal is approved. Ondo’s native token (ONDO) has been performing well, trading above $0.93 with bullish technicals suggesting a potential breakout toward $1.00.
Tokenized Assets Surge and Ethereum Benefits
The real-world asset (RWA) tokenization sector has surged, now exceeding $24 billion in total value—a 380% increase since 2022. Tokenized U.S. Treasuries alone have surpassed $7 billion, with Ondo issuing over $1 billion on Ethereum. As the primary platform for decentralized applications and Ondo’s operations, Ethereum (ETH) stands to gain directly from Nasdaq’s initiative. Increased adoption of tokenized securities could boost ETH transaction volumes, gas fees, and overall network demand.
Also Read: Solana Reaches $500M RWAs as Galaxy Digital Tokenizes Nasdaq Shares On-Chain
Positive regulatory developments could enhance broader crypto market sentiment, supporting Ethereum’s growth. Currently trading at $4,327.55 with a 0.84% daily increase, ETH could see higher valuations if Nasdaq’s tokenized securities proposal is approved, fueling institutional adoption narratives and expanding the use of blockchain in traditional finance.
Nasdaq’s push for tokenized securities could redefine market trading while positioning Ethereum as a central infrastructure player. Platforms like Ondo Finance are already laying the groundwork, suggesting that the mainstream adoption of tokenized assets may be just around the corner.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
