Nasdaq and Kraken Build Gateway Linking Tokenized Stocks With Blockchain Networks

Nasdaq and crypto exchange Kraken’s parent company Payward are developing a new gateway designed to connect tokenized equities with blockchain networks.

The infrastructure aims to bridge traditional stock markets with decentralized finance by allowing tokenized shares to move between regulated financial systems and open blockchain ecosystems. The project will use Kraken’s xStocks framework as the blockchain infrastructure layer, enabling tokenized versions of equities to interact with public blockchain networks while remaining aligned with the underlying securities traded on regulated exchanges like Nasdaq.

If successful, the gateway could enable more efficient settlement and broader access to tokenized assets, supporting the growing trend of bringing real-world financial assets onto blockchain networks. The initiative reflects increasing institutional interest in tokenization as a way to modernize global capital markets.

Clever Robot News Desk 10^th March 2025