Nasdaq Inc (NASDAQ:NDAQ) plans to introduce tokenized versions of stocks and ETFs by early 2027 through a partnership with Kraken, signaling growing institutional adoption of blockchain infrastructure.
Tokenized Shares Alongside Traditional Equities
Nasdaq announced a partnership with crypto exchange Kraken to develop a framework for trading tokenized stocks and exchange-traded products, the Wall Street Journal reported on Monday.
Under the proposal, each token would represent one-to-one ownership of an underlying share, giving holders the same governance rights as traditional investors, including voting and dividend payments.
Kraken would act as a distribution partner, offering tokenized stocks to clients in Europe and other international markets,
The initiative builds on Nasdaq’s …