The proposed rule change relies on Nasdaq’s vague understanding of how the Depository Trust Company (DTC) would handle post-trade settlement for these tokens.
💡 DMK Insight
Insight: Nasdaq’s proposal raises eyebrows not just for its ambition but for its reliance on the DTC’s hazy grasp of post-trade settlements. This uncertainty could ripple through the market, leaving traders in a fog of speculation. If the DTC can’t clearly define the process, we might see a slowdown in institutional adoption, as firms hesitate to dive into murky waters. In the world of crypto, clarity is king, and without it, even the most promising innovations can stall.
📮 Takeaway
Watch for updates on DTC’s stance; clarity could unlock new trading opportunities.





