Group 1 - The U.S. Securities and Exchange Commission approved Nasdaq's proposal to trade certain stocks in tokenized form, marking a significant step towards integrating blockchain-based settlements into mainstream equity markets [1][2] - Nasdaq's proposal, filed in September, aims to amend its rules to allow listed stocks and exchange-traded products to be traded either as traditional shares or as blockchain-based digital tokens [3] - Initially, securities eligible for tokenized trading will be limited to stocks in the Russell 1000 Index and exchange-traded funds tracking major benchmarks like the S&P 500 and Nasdaq 100 [3] Group 2 - Exchange operators are intensifying efforts to capitalize on the tokenization trend as cryptocurrency regulations ease under the Trump administration [2] - Intercontinental Exchange has also developed a platform for trading and on-chain settlement of tokenized securities and is seeking regulatory approvals for this initiative [4]