Nasdaq Taps Kraken for Tokenized Stock Trading Initiative

Edgen Crypto

·Mar 09 2026, 11:26

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Key Takeaways

Nasdaq has entered a strategic partnership with crypto exchange Kraken to support its initiative for tokenizing traditional financial assets. This collaboration merges Nasdaq's institutional market structure with Kraken's crypto expertise to build a foundation for trading tokenized versions of listed stocks.

Nasdaq has partnered with crypto exchange Kraken to advance its real-world asset (RWA) tokenization plans.
The exchange operator first sought regulatory approval in September 2025 to allow trading of tokenized stocks.
This initiative aims to introduce 24/7 trading for traditional securities and increase overall market liquidity.

Nasdaq Advances Tokenization Plan First Filed in September 2025

Nasdaq is partnering with cryptocurrency exchange Kraken to build the infrastructure for trading tokenized versions of its listed securities. This move accelerates a plan Nasdaq initiated in September 2025, when it first filed for regulatory approval to offer tokenized stocks and other exchange-traded products. The collaboration leverages Nasdaq's established regulatory framework and market structure with Kraken's experience in digital asset technology.

Partnership Aims to Unlock 24/7 Trading and New Liquidity

The primary goal of this initiative is to bridge traditional capital markets with the operational advantages of blockchain technology. By tokenizing real-world assets (RWAs) like stocks, Nasdaq and Kraken aim to enable 24/7 trading, a significant departure from the fixed hours of conventional exchanges. This could substantially increase market access for global investors and unlock new pools of liquidity by creating a pathway for crypto-native capital to flow into regulated equity markets. For investors, this represents a foundational step toward a more efficient, accessible, and continuously operating financial system.