Nasdaq and Kraken are teaming up to let you trade tokenized stocks

Nasdaq plans to enactment with Kraken to administer tokenized versions of nationalist stocks globally arsenic the speech pushes to bring blockchain infrastructure into accepted markets.

Updated Mar 9, 2026, 11:42 a.m. Published Mar 9, 2026, 11:17 a.m.

Nasdaq said it volition enactment with crypto speech Kraken to make a strategy for issuing and trading tokenized versions of stocks and different exchange-traded products, according to a Wall Street Journal report.

Under the plan, tokenized shares would springiness investors the aforesaid firm governance rights arsenic mean stockholders, including voting successful proxy ballots and receiving dividends. Nasdaq said the inaugural volition absorption heavy connected making firm actions, specified arsenic dividend payments and proxy voting, much businesslike by automating parts of the process done blockchain technology. The level is expected to motorboat successful aboriginal 2027.

Kraken volition enactment arsenic a organisation spouse for the project. Through the arrangement, one-to-one tokenized versions of nationalist institution shares would beryllium made disposable to Kraken’s customers extracurricular the United States, peculiarly successful Europe and different planetary markets.

The effort builds connected a connection Nasdaq submitted to the U.S. Securities and Exchange Commission successful September seeking support to let tokenized versions of its listed stocks and exchange-traded products to commercialized alongside accepted shares connected the exchange.

In that proposal, some the tokenized and accepted versions would beryllium settled done the Depository Trust to guarantee they stay interchangeable.

Last week speech relation ICE made a strategical concern successful OKX, valuing the speech astatine $25 cardinal arsenic it signed a woody to connection caller tokenized stocks and crypto futures products.

Separately, Nasdaq besides announced a concern with Boerse Stuttgart Group’s tokenized colony level Seturion to link its European trading venues to infrastructure designed to enactment trading and colony of tokenized securities.

UPDATE: (March 9, 11:41 UTC) Adds the last paragraph connected Nasdaq's concern with the Boerese Stuttgart Group.

More For You

KAST raises $80 cardinal astatine $600 cardinal valuation to grow stablecoin payments platform

Funding volition enactment merchandise expansion, licensing and compliance arsenic the institution scales a level for cross-border stablecoin payments.

What to know:

• KAST, a stablecoin-powered cross-border payments platform, raised $80 cardinal successful Series A backing led by QED Investors and Left Lane Capital astatine a reported $600 cardinal valuation.
• The institution plans to usage the superior to grow its product, licensing and compliance efforts, and team.
• KAST aims to pat into the mostly untapped marketplace for real-world stablecoin payments by connecting integer dollars to section payout systems and expanding crossed North America, Latin America and the Middle East, including with a caller KAST Business offering.