As the Trump administration relaxes cryptocurrency regulations, exchange operator Nasdaq is working with U.S. regulators to introduce tokenized securities trading, becoming the latest major financial company on Wall Street to place a strong bet on the token boom. If approved, this would be the first time tokenized securities have been allowed to trade on a major U.S. stock exchange. Nasdaq submitted a proposal to the U.S. Securities and Exchange Commission (SEC) on Monday, proposing to adjust the rules to allow listed stocks and exchange-traded products (ETPs) to be traded on Nasdaq's main market in "traditional digital or tokenized form." Nasdaq said in the filing that it believes the market can use tokenization while "continuing to provide the benefits and protections of a national market system." A few days ago, the U.S. Securities and Exchange Commission (SEC) announced its rulemaking agenda for the coming months, which includes possible revisions to the rules to allow cryptocurrencies to be traded on national securities exchanges and alternative trading systems. (Jinshi)