Nasdaq Introduces Equity Token Design Framework

On March 9, 2026, Nasdaq announced its Equity Token Design, an issuer-centric framework integrating blockchain records into official share registries and partnering with Payward (Kraken) and xStocks. The design enables legally equivalent on-chain transfers, 24/7 liquidity, programmable corporate actions, and atomic settlement, backed by the SEC’s 2026 staff guidance. This aims to shift tokenized equities from niche experiments to foundational capital-markets infrastructure.
Scoring Rationale
Official, industry-wide tokenization framework drives high impact; relevance limited by being outside core AI/ML research.
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