Nasdaq files with the SEC to allow tokenization and blockchain listing of stocks.

Multiple independent and reliable sources from September 2025 confirm that Nasdaq has submitted a formal filing with the SEC seeking approval to allow tokenized versions of stocks and ETFs to be listed and traded on its exchange. This filing aims to integrate blockchain technology into the core equity markets by enabling digital representations of traditional securities, often referred to as tokenized stocks.

The proposal includes trading tokenized securities alongside traditional shares on the same order book under similar regulatory frameworks. Nasdaq's initiative is part of a broader industry trend toward digitization and blockchain adoption in securities trading, with other market participants like Coinbase also pursuing SEC approval for similar offerings. The filings indicate Nasdaq's intent to provide investors with the ability to settle equities on-chain while maintaining full shareholder rights, signaling a significant evolution in market infrastructure.

The sources consistently report this development without contradiction, providing a coherent picture of Nasdaq's regulatory engagement and strategic direction.