Matt Savarese stated that the exchange has prioritized the SEC approval of its tokenization stock plan and aims to "accelerate the process as much as possible." The proposal was submitted on September 8, aiming to allow investors to trade tokenized assets based on publicly listed company shares on the Nasdaq platform. Savarese emphasized that Nasdaq is not trying to "disrupt the existing system," but rather hopes to promote tokenized assets to mainstream in a "responsible and investor-oriented" manner within the SEC regulatory framework. He mentioned that the plan will continue to be refined based on public feedback and regulatory issues. Reports indicate that tokenized stocks have become a key point of discussion in the crypto industry this year. In September, Galaxy Digital announced it became the first Nasdaq-listed company to tokenize its equity on a major blockchain. Additionally, many industry professionals are cautiously optimistic about the potential value increment tokenized stocks could bring to the crypto ecosystem, noting that if tokenized assets primarily operate on various Layer 2 networks, the space for value to flow back to Ether and the broader crypto market may be limited.

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