The integration of blockchain technology into traditional finance (TradFi) is gaining momentum, as evidenced by Nasdaq's recent filing with the SEC to allow the tokenization of equity securities and exchange-traded products (ETPs). This development aims to provide firms and investors with the option to clear and settle trades in a tokenized format, boasting advantages like quicker settlements and better audit trails. Both traditional and tokenized shares would maintain the same value and rights. Meanwhile, Fidelity has also made strides by launching its Treasury Digital Fund and filing for an OnChain share class, enabling share ownership records to be maintained on Ethereum. This move aligns with others in the industry, as companies like Franklin Templeton and BlackRock engage in similar tokenization efforts. Fidelity anticipates that integrating tokenized assets into market infrastructure will reshape financial structures and provide investors with broader access. As traditional financial powers adopt blockchain solutions, the transformation of financial markets appears imminent.

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