Nasdaq plans Q2 2027 launch of Nasdaq Equity Token with shareholder rights

Nasdaq is targeting a launch in the second quarter of 2027 for its Nasdaq Equity Token (NET), which will maintain full shareholder rights. NET aims to be a blockchain-based version of Nasdaq-listed shares, providing the same voting and legal rights as traditional stocks. Unlike existing tokenized stocks that are synthetic assets tracking share prices, issuing companies will retain control over shareholder registries and corporate governance. Nasdaq Ventures has invested 100 million dollars in Payward, the parent company of crypto exchange Kraken, with Payward's xStocks platform expected to be the core infrastructure for NET distribution. NET will also support 24-hour trading and on-chain settlement.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.