Nasdaq to Introduce 24/7 Tokenized Securities as Composite Suffers Sharpest Sell-Off Since 2022
Nasdaq is preparing to enable tokenized securities for round-the-clock trading, aligning with a broader surge in blockchain-based ETFs now trading 24/7 in crypto wallets. Meanwhile, the Nasdaq Composite has experienced its heaviest sell-off since 2022, prompting rotation out of high-valuation growth names.
1. Nasdaq's Tokenized Securities Initiative
Nasdaq plans to integrate tokenized securities on its platform by year-end, enabling 24/7 trading directly through compliant crypto wallets. This move follows the launch of blockchain-based ETFs trading as digital tokens covering U.S. equities, fixed income and gold, reflecting growing institutional demand for continuous market access.
2. Nasdaq Composite Sell-Off Analysis
The Nasdaq Composite endured its steepest single sell-off since 2022, driven by rising yields and investment rotation out of high-valuation growth names into defensive sectors. Market strategists compare current patterns to the post-pandemic sell-off of early 2022, highlighting potential for a stabilizing rebound in select sectors.