Nasdaq hires product manager to lead tokenization innovation

Nasdaq, the global exchange operator and market technology provider, is seeking a product manager to spearhead its tokenization efforts as Wall Street accelerates efforts to bring traditional assets onto blockchain infrastructure.

The New York-based role will oversee the full product lifecycle for digital asset issuance, from initial concept through widespread institutional adoption, according to a LinkedIn post.

The position requires candidates to collaborate directly with broker-dealers, custodians, and market operators to develop workflows that satisfy regulatory and operational standards.

Key responsibilities include managing token creation processes, handling corporate actions such as dividends and proxy voting, and building compliance frameworks for identity verification and sanctions screening.

The move comes after Nasdaq filed with the SEC to support trading of tokenized versions of its listed equities, aligning with the regulator’s broader rulemaking agenda that could enable crypto activity on national exchanges.

Speaking at ETHDenver this week, SEC Chair Paul Atkins and Commissioner Hester Peirce outlined details of a forthcoming innovation exemption aimed at tokenized securities.

Positioned as a measured, incremental advance, it would allow controlled experimentation with onchain trading via specialist transfer agents, whitelisting, volume caps, and temporary relief from select rules to test DeFi-style mechanisms like AMMs.