[Nasdaq Executive: Fully Advancing Tokenized Stock Plan, SEC Approval Listed as Top Priority] Odaily Planet Daily News – Matt Savarese, Nasdaq's Head of Digital Asset Strategy, stated that the exchange has prioritized SEC approval for its tokenized stock proposal and will 'accelerate the process as much as possible.' The proposal, submitted on September 8, aims to allow investors to trade tokenized assets based on publicly listed company shares on the Nasdaq platform. Savarese emphasized that Nasdaq is not attempting to 'disrupt the existing system' but rather seeks to promote tokenized assets responsibly and investor-focused within the SEC regulatory framework. He noted that the proposal will be continuously refined based on public feedback and regulatory concerns. The report highlighted that tokenized stocks have become one of the key topics of discussion in the crypto industry this year. In September, Galaxy Digital announced it had become the first Nasdaq-listed company to tokenize its equity on a major blockchain. Additionally, many industry experts remain cautious about the potential value-added impact of tokenized stocks on the crypto ecosystem, suggesting that if tokenized assets primarily operate on various Layer 2 networks, the space for value to flow back to Ethereum and the broader crypto market may be limited. (Cointelegraph)