
Nasdaq Agrees to Acquire Alternative Trading System LeveL Markets
Nasdaq has agreed to acquire LeveL Markets, the third-largest US alternative trading system by volume, to expand its presence in tokenized and 24/7 trading markets.

Nasdaq has agreed to acquire LeveL Markets, the third-largest US alternative trading system by volume, to expand its presence in tokenized and 24/7 trading markets.

Wintermute's US affiliate, Wintermute USA LLC, has registered with the SEC and FINRA as a broker-dealer, enabling the crypto trading firm to expand into traditional financial services, including trading stocks and stock options.

Tether and Nairobi Securities Exchange explore tokenized securities, blockchain infrastructure, and USDT as a settlement layer in a new MoU, amidst growing tokenized real-world assets sector.

Archax has launched a new system on Hedera that allows tokenized securities to distribute interest payments in USDC in real time. This innovation ensures yield follows ownership continuously, addressing market inefficiencies and building on Archax's previous work with tokenized assets.

With $114 trillion in custodied liquid assets, Depository Trust & Clearing Corporation looks to position tokenization as future of existing financial system.

SEC Chair Paul Atkins announced the agency is nearing release of an 'innovation exemption' that would allow market participants to trade tokenized securities onchain within a compliant framework. Speaking at the Economic Club of Washington, Atkins said the exemption provides a structured pathway for companies to facilitate blockchain-based securities trading while the SEC develops long-term rules. The announcement builds on the SEC's March 2026 token taxonomy guidance that clarified digital asset classification.