Nasdaq plans to advance stock tokenization through its proprietary tokenization model, explicitly stating it will not participate in the SEC's innovation exemption trading platform.

on October 30, according to crypto journalist Eleanor Terrett, a NASDAQ spokesperson declined to comment regarding reports that NASDAQ representatives allegedly discouraged listed companies from tokenizing stocks through OKX/ICE’s TSV solution. NASDAQ reiterated that it does not plan to participate in trading platforms operating under SEC innovation exemptions, viewing it as suboptimal for stock tokenization. Meanwhile, NASDAQ will continue to advance its issuer-centric Nasdaq Equity Token model, with plans to achieve stock tokenization within the existing market framework.