[Nasdaq's Head of Cryptocurrency Promises to Advance Tokenized Stocks 'As Quickly As Possible'] According to Cointelegraph, Matt Savarese, Head of Digital Asset Strategy at Nasdaq, revealed that the exchange is prioritizing the approval of its stock tokenization proposal by the U.S. SEC. When asked whether the SEC might approve the proposal this year, he stated: 'I think we need to carefully evaluate public feedback and then respond to the questions raised by the SEC.' He also added: 'We hope to move this forward as quickly as possible.' The proposal, submitted by Nasdaq on September 8, aims to allow investors to buy and sell tokenized stocks—digital representations of shares in publicly listed companies—on the exchange.