Nasdaq-Listed Perpetuals Files to Trade Tokenized US Stocks Under SEC Relief

This matters less as a product launch than as a test of whether the SEC's relief framework can be used by a listed venue to put tokenized equities on a regulated order book, rather than by crypto-native platforms. The filing also ties a controversial post-FTX name to that experiment. The 30-day waiting period is the near-term checkpoint: whether the exemption takes effect as filed, or draws conditions, is the open question.