Nasdaq is partnering with crypto exchange Kraken to offer tokenized stocks on its exchange, the Wall Street Journal reported on Monday.
According to the outlet, Nasdaq stated that the framework is set to launch early next year, when holders of tokenized shares should get the same governance rights as investors who own the underlying securities. Meanwhile, Kraken is set to act as a distribution partner for the exchange, offering the one-to-one tokenized versions of public company stocks to its users in Europe and around the world.
https://breakingthenews.net/Article/Nasdaq-Kraken-said-to-partner-on-tokenized-stocks/65829959
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