Nasdaq's head of crypto business pledges to advance stock tokenization as soon as possible.

According to Cointelegraph, the head of Nasdaq's crypto business revealed that the Nasdaq Stock Exchange is prioritizing obtaining approval from the U.S. Securities and Exchange Commission (SEC) for its proposal to "provide tokenized versions of listed stocks."

When asked if the SEC might approve the proposal this year, Matt Savarese, Head of Digital Asset Strategy at Nasdaq, said, "We will move forward with this as quickly as possible."

[Foresight News]