this post was submitted on 08 Sep 2025
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Nasdaq Seeks Nod From U.S. SEC to Tokenize Stocks (www.coindesk.com)
submitted 3 weeks ago by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world
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The leading U.S. exchange for technology giants is moving toward blockchain-based listing and trading of stocks, filing a request with the SEC to pursue it.

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[โ€“] black_flag@lemmy.dbzer0.com 26 points 3 weeks ago* (last edited 3 weeks ago) (10 children)

Fucking why?? What's the point?? You've already got a database, what does making it immutable and decentralized and inefficient help?? It's still under a central authority, so it's not even proper decentralised.

[โ€“] KOhBaby@lemmy.world 5 points 3 weeks ago

Simple. Profit. They figure if they can capture even a small percentage of the funds flowing into Blockchain they can increase their profit margins.

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