Nasdaq and Kraken to Launch Tokenized Stock Trading Framework for 24/7 Markets by Early 2027

Nasdaq is partnering with cryptocurrency exchange Kraken to develop a framework for trading tokenized versions of listed stocks, enabling 24/7 market access, the Wall Street Journal reported. The initiative will support blockchain-based representations of existing equities and is expected to launch in early 2027, pending approval from the U.S. Securities and Exchange Commission.