Nasdaq, the worldwide alternate operator and market expertise supplier, is searching for a product supervisor to spearhead its tokenization efforts as Wall Road accelerates efforts to convey conventional property onto blockchain infrastructure.
The New York-based function will oversee the complete product lifecycle for digital asset issuance, from preliminary idea by means of widespread institutional adoption, in keeping with a LinkedIn put up.
The place requires candidates to collaborate immediately with broker-dealers, custodians, and market operators to develop workflows that fulfill regulatory and operational requirements.
Key tasks embrace managing token creation processes, dealing with company actions reminiscent of dividends and proxy voting, and constructing compliance frameworks for identification verification and sanctions screening.
The transfer comes after Nasdaq filed with the SEC to help buying and selling of tokenized variations of its listed equities, aligning with the regulator’s broader rulemaking agenda that might allow crypto exercise on nationwide exchanges.
Talking at ETHDenver this week, SEC Chair Paul Atkins and Commissioner Hester Peirce outlined particulars of a forthcoming innovation exemption aimed toward tokenized securities.
Positioned as a measured, incremental advance, it might enable managed experimentation with onchain buying and selling by way of specialist switch brokers, whitelisting, quantity caps, and momentary reduction from choose guidelines to check DeFi-style mechanisms like AMMs.
