Nasdaq hires Product Manager to lead tokenization innovation.
As Wall Street accelerates efforts to bring traditional assets to its blockchain infrastructure, global exchange operator and market technology provider Nasdaq is looking for a product manager to lead its tokenization efforts.
The New York-based role will oversee the entire product lifecycle for digital asset delivery, from initial concept to broad institutional adoption, according to a LinkedIn post.
The position requires candidates to work directly with broker-dealers, custodians and market operators to develop work processes that meet regulatory and operational standards.
Key responsibilities include managing token creation processes, handling corporate actions such as dividends and proxy voting, and building identity verification and sanctions screening compliance frameworks.
The move comes after Nasdaq filed with the SEC to support the trading of listed versions of stocks, in line with the regulator's broader legislative agenda that could enable crypto activity on national exchanges.
Speaking at ETDenver this week, SEC Chairman Paul Atkins and Commissioner Hester Pierce detailed the upcoming innovation exemption.
It allows for the testing of DeFi-style strategies such as AMMs, such as scaling, development growth, on-chain trading with specialist transfer agents, whitelists, voice caps and temporary relief from selective regulations.
