Nasdaq Inc (NASDAQ:NDAQ) plans to introduce tokenized versions of stocks and ETFs by early 2027 through a partnership with Kraken, signaling growing institutional adoption of blockchain infrastructure.

Tokenized Shares Alongside Traditional Equities

Nasdaq announced a partnership with crypto exchange Kraken to develop a framework for trading tokenized stocks and exchange-traded products, the Wall Street Journal reported on Monday.

Under the proposal, each token would represent one-to-one ownership of an underlying share, giving holders the same governance rights as traditional investors, including voting and dividend payments.

Kraken would act as a distribution partner, offering tokenized…

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