# Сопутствующие статьи по теме Blockchain

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Blockchain", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

NYSE and Nasdaq Enter the Fray, U.S. Stock Tokenization Begins Close Combat

On March 24, the New York Stock Exchange (NYSE) announced a partnership with tokenization platform Securitize to develop a digital trading platform for tokenized securities. Just six days earlier, the SEC approved Nasdaq’s rule amendments to enable tokenized versions of Russell 1000 stocks and major index ETFs. The two largest U.S. stock exchanges unveiled their tokenization strategies in the same month, marking a significant acceleration in institutional adoption. Throughout March, multiple major players advanced tokenization initiatives. Nasdaq partnered with Kraken’s parent company Payward to offer tokenized stock distribution for non-U.S. users. S&P Dow Jones licensed its flagship S&P 500 to on-chain protocol Trade.xyz for perpetual contracts on Hyperliquid. Invesco, managing $2.2 trillion in assets, took over Superstate’s $967 million on-chain treasury fund. The House Financial Services Committee also held a hearing titled "Tokenization and the Future of Securities." Notably, Nasdaq and NYSE are pursuing different technical approaches. Nasdaq’s model integrates with the existing Depository Trust Company (DTC) system, using blockchain as an optional layer while maintaining unified liquidity and settlement. In contrast, NYSE is building a separate, blockchain-native infrastructure with Securitize as its digital transfer agent, aiming for 24/7 trading and near-instant settlement. Regulatory progress is also advancing, including the CLARITY Act moving toward markup and an SEC no-action letter allowing DTC to offer tokenization services. Compared to global peers like Switzerland’s SDX and London’s LSEG, which took years to launch limited tokenization platforms, U.S. exchanges are moving at an unprecedented pace—Nasdaq plans to begin tokenized trading as early as Q3 2026.

marsbit03/25 08:34

NYSE and Nasdaq Enter the Fray, U.S. Stock Tokenization Begins Close Combat

marsbit03/25 08:34

Token Is Completely on Fire, Blockchain Is Heartbroken

Token, a term once central to blockchain's vision of decentralization and economic transformation, has now been popularized by the AI industry as a unit of computation and billing. With the rise of products like OpenAI's ChatGPT and Deepseek, Token has become widely recognized as a measure of API calls and computational power—essentially a "currency for compute." This shift has left the blockchain sector in an ironic position: while it long struggled to explain Token's potential for revolutionizing ownership and community governance, AI has repurposed the term into a practical, everyday concept devoid of cryptographic complexity. The blockchain community once championed "Tokenization of Everything," aiming to convert real-world assets and labor into tradable tokens. Instead, AI achieved a form of tokenization by breaking down text, audio, and video into Tokens for processing—without requiring users to manage private keys or understand consensus mechanisms. This practical adoption contrasts sharply with blockchain’s association with speculation and scandals, as seen in the rise and fall of NFTs and memecoins. Amid a broader crisis of faith in blockchain’s promise—with many innovators expressing disillusionment over the industry’s shift toward speculation—AI’s rapid growth has intensified this sense of irrelevance. However, there are positive signs: traditional assets like U.S. Treasuries and stocks are increasingly being tokenized, attracting major financial institutions like BlackRock and Fidelity. This may signal Token’s return to its original purpose as a vehicle of value, even as AI dominates its popular meaning.

marsbit03/25 02:14

Token Is Completely on Fire, Blockchain Is Heartbroken

marsbit03/25 02:14

活动图片