🚨NEW: The @SECGov has approved @Nasdaq’s plan to introduce tokenized trading for certain securities. The move will allow participants to opt to have trades in Russell 1000 stocks, as well as ETFs tracking the S&P 500 and Nasdaq 100, settled as tokenized securities rather than through traditional methods. Tokenized shares will trade alongside standard shares on the same order books, with identical tickers, prices, and investor rights. The Depository Trust Company (DTC) will remain involved in clearing and settlement as part of the new initiative.