The post Nasdaq Launches Equity Token Design With Kraken appeared on BitcoinEthereumNews.com. Nasdaq, the world’s second-largest stock exchange by market capitalizationThe post Nasdaq Launches Equity Token Design With Kraken appeared on BitcoinEthereumNews.com. Nasdaq, the world’s second-largest stock exchange by market capitalization

Nasdaq Launches Equity Token Design With Kraken

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Nasdaq, the world’s second-largest stock exchange by market capitalization, is expanding its push into tokenized equities through a partnership with crypto exchange Kraken and its infrastructure affiliate Backed.

The exchange said Monday it plans to support equity tokenization in a way that preserves issuer control, as it looks to connect traditional market infrastructure with blockchain-based networks.

Nasdaq has partnered with Payward, Kraken’s parent company, and its subsidiary Backed, the issuer behind xStocks, to develop an equities transformation gateway.

“Tokenization has the potential to unlock the benefits of an always-on financial ecosystem — enhancing how investors access markets, how issuers engage with shareholders,” Nasdaq president Tal Cohen said.

The plan builds on Nasdaq’s tokenization proposal filed with US securities regulators in September 2025, as well as Kraken’s acquisition of the xStocks issuer Backed in December.

Nasdaq connects to tokenized equities via the xStocks ecosystem

Nasdaq said the partnership with Kraken aims to enable tokenized equities to move seamlessly between regulated markets and global onchain markets while preserving issuer rights, regulatory compliance and price integrity.

“By connecting Nasdaq’s market infrastructure with the xStocks ecosystem, the gateway is designed to create interoperability between financial systems and decentralized networks,” the company said in the announcement.

Source: Kraken

The exchange said it plans to work with additional issuers, transfer agents, regulators, infrastructure operators and other market participants as the framework develops. Participation in the program will remain voluntary.

Nasdaq expects this program to be operational and additional services to be available to issuers starting in the first half of 2027.

Related: Kraken wins Kansas City Fed approval for limited master account access

“We believe that public companies should always remain at the center of the equity market ecosystem. This issuer‑sponsored approach for tokenized equity securities is designed to empower public companies and enhance global accessibility to US equity markets,” Nasdaq president Cohen said.

Nasdaq’s tokenization push comes amid increasing market competition. Last week, Intercontinental Exchange invested in crypto exchange OKX to bring NYSE-listed tokenized stocks to the exchange in the second quarter of 2026.

Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

Source: https://cointelegraph.com/news/nasdaq-kraken-issuer-centric-tokenized-equities?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Market Opportunity
PUBLIC Logo
PUBLIC Price(PUBLIC)
$0.01544
$0.01544$0.01544
+0.52%
USD
PUBLIC (PUBLIC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
RWAs Will Run on Two Blockchain Rails, Says Redstone Co-Founder

RWAs Will Run on Two Blockchain Rails, Says Redstone Co-Founder

The post RWAs Will Run on Two Blockchain Rails, Says Redstone Co-Founder appeared on BitcoinEthereumNews.com. Institutional adoption of real-world assets (RWAs)
Share
BitcoinEthereumNews2026/03/10 12:01
Music body ICMP laments “wilful” theft of artists’ work

Music body ICMP laments “wilful” theft of artists’ work

The post Music body ICMP laments “wilful” theft of artists’ work appeared on BitcoinEthereumNews.com. A major music industry group, ICMP, has lamented the use of artists’ work by AI companies, calling them guilty of “wilful” copyright infringement, as the battle between the tech firms and the arts industry continues. The Brussels-based group known as the International Confederation of Music Publishers (ICMP) comprises major record labels and other music industry professionals. Their voice adds to many others within the arts industry that have expressed displeasure at AI firms for using their creative work to train their systems without permission. ICMP accuses AI firms of deliberate copyright infringement ICMP director general John Phelan told AFP that big tech firms and AI-specific companies were involved in what he termed “the largest copyright infringement exercise that has been seen.” He cited the likes of OpenAI, Suno, Udio, and Mistral as some of the culprits. The ICMP carried out an investigation for nearly two years to ascertain how generative AI firms were using material by creatives to enrich themselves. The Brussels-based group is one of a number of industry bodies that span across news media and publishing to target the fast-growing AI sector over its use of content without paying any royalties. Suno and Udio, who are AI music generators, can produce tracks with voices, melodies, and musical styles that echo those of the original artists such as the Beatles, Depeche Mode, Mariah Carey, and the Beach boys. “What is legal or illegal is how the technologies are used. That means the corporate decisions made by the chief executives of companies matter immensely and should comply with the law,” Phelan told AFP. “What we see is they are engaged in wilful, commercial-scale copyright infringement.” Phelan. In June last year, a US trade group, the Recording Industry Association of America, filed a lawsuit against Suno and Udio. However, an exception…
Share
BitcoinEthereumNews2025/09/18 04:41