News & Analysis as of

Tokenization Digital Assets Proposed Rules

Cozen O'Connor

From Fragmentation to Framework: SEC, CFTC, and Nasdaq Seek to Advance Crypto Regulatory Framework

Cozen O'Connor on

On September 5, 2025, Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, and Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Caroline D. Pham, issued a joint statement...more

Troutman Pepper Locke

Nasdaq’s Bold Step Towards 24/7 Trading with Tokenized Securities

Troutman Pepper Locke on

On September 8, Nasdaq took a significant step towards revolutionizing the trading landscape by filing with the SEC to enable trading of tokenized securities listed on its exchange starting in 2026. This move, if approved,...more

Carlton Fields

Paint by Tokenization: SEC Launches Project Crypto

Carlton Fields on

At the beginning of July, SEC Chair Paul Atkins painted a picture: tokenization was the “next step” in the evolution of securities. Generally, tokenization entails creating a digital representation of a real-world asset —...more

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