Nasdaq hires product manager to lead tokenization innovation

Nasdaq is hiring a product manager to lead its tokenization initiatives, aiming to integrate traditional assets into blockchain infrastructure. The role involves overseeing digital asset issuance and collaborating with broker-dealers and custodians to ensure compliance with regulatory standards. This move follows Nasdaq's SEC filing to support trading of tokenized equities, aligning with new regulatory frameworks for crypto activities. SEC officials recently discussed an innovation exemption for tokenized securities, allowing for controlled experimentation with onchain trading mechanisms.