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SEC approves Nasdaq's move to allow tokenized securities trading (www.coindesk.com)
submitted 5 months ago by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world
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The SEC’s approval lets Nasdaq test blockchain-based versions of stocks that trade and settle like traditional shares.

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[-] trolololol@lemmy.world 5 points 5 months ago

So what I got is that the pre existing stocks will be split behind the scenes into stocks that are settled by a clearing house as usual, and settled by the same clearing house with blockchain.

I'm just confused, if you have one authority, a single one, responsible for settlement, then a database is enough. And a blockchain with one node that writes and many that read, is ridiculous.

this post was submitted on 19 Mar 2026
41 points (97.7% liked)

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