★Nasdaq winning SEC approval to move stocks onchain shows how Wall Street is taking charge of crypto tech

"Nasdaq's SEC approval for on-chain stock settlement, while retaining existing intermediaries, signals a strategic pivot for traditional finance to co-opt blockchain infrastructure without disrupting established market structures. This approach could accelerate institutional adoption and capital flows into tokenized assets, but under centralized control, potentially marginalizing truly decentralized finance protocols. The move establishes a precedent for how Wall Street intends to integrate distributed ledger technology, prioritizing regulatory compliance and existing revenue streams over radical innovation."