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Nasdaq hires product manager to lead tokenization innovation

Crypto Briefing
Nasdaq is hiring a product manager to lead its tokenization efforts for bringing traditional assets onto blockchain infrastructure.

Summary

Global exchange operator Nasdaq is actively seeking a product manager to lead its tokenization initiatives as Wall Street increases efforts to place traditional assets on blockchain infrastructure. This New York-based role involves managing the entire product lifecycle for digital asset issuance, from concept to institutional adoption, requiring collaboration with broker-dealers, custodians, and market operators to establish compliant workflows. Key duties include managing token creation, handling corporate actions like dividends, and building compliance frameworks for identity and sanctions screening. This hiring aligns with Nasdaq's recent SEC filing to support trading of tokenized equities, coinciding with discussions by SEC officials about a potential innovation exemption for tokenized securities that would allow controlled, onchain trading experiments.

(Source:Crypto Briefing)