{"id":65953,"date":"2026-03-27T09:04:42","date_gmt":"2026-03-27T02:04:42","guid":{"rendered":"https:\/\/hbbgroup.net\/nasdaq-tokenization-plans-could-split-trading-into-two-markets-td-securities\/"},"modified":"2026-03-27T10:10:40","modified_gmt":"2026-03-27T03:10:40","slug":"nasdaq-tokenization-plans-could-split-trading-into-two-markets-td-securities","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/nasdaq-tokenization-plans-could-split-trading-into-two-markets-td-securities\/","title":{"rendered":"K\u1ebf ho\u1ea1ch token h\u00f3a c\u1ee7a Nasdaq c\u00f3 th\u1ec3 khi\u1ebfn giao d\u1ecbch b\u1ecb t\u00e1ch th\u00e0nh hai th\u1ecb tr\u01b0\u1eddng ri\u00eang bi\u1ec7t \u2014 theo TD Securities."},"content":{"rendered":"<div data-testid=\"html-renderer-container\">\n<p>N\u1ed7 l\u1ef1c \u0111\u01b0a tokenization v\u00e0o th\u1ecb tr\u01b0\u1eddng v\u1ed1n c\u1ee7a Nasdaq c\u00f3 th\u1ec3 d\u1eabn t\u1edbi m\u1ed9t c\u1ea5u tr\u00fac hai th\u1ecb tr\u01b0\u1eddng, trong \u0111\u00f3 c\u00e1c s\u00e0n giao d\u1ecbch truy\u1ec1n th\u1ed1ng c\u1ee7a M\u1ef9 ho\u1ea1t \u0111\u1ed9ng song song v\u1edbi c\u00e1c \u0111\u1ecba \u0111i\u1ec3m giao d\u1ecbch d\u1ef1a tr\u00ean blockchain, theo TD Securities \u2014 m\u1ed9t s\u1ef1 thay \u0111\u1ed5i c\u00f3 th\u1ec3 khi\u1ebfn thanh kho\u1ea3n b\u1ecb ph\u00e2n m\u1ea3nh v\u00e0 l\u00e0m xu\u1ea5t hi\u1ec7n ch\u00eanh l\u1ec7ch gi\u00e1 gi\u1eefa c\u00e1c n\u1ec1n t\u1ea3ng.<\/p>\n<p>Trong m\u1ed9t ghi ch\u00fa g\u1ea7n \u0111\u00e2y, Reid Noch, Ph\u00f3 Ch\u1ee7 t\u1ecbch ph\u1ee5 tr\u00e1ch c\u1ea5u tr\u00fac th\u1ecb tr\u01b0\u1eddng c\u1ed5 phi\u1ebfu M\u1ef9 t\u1ea1i TD Securities, cho bi\u1ebft k\u1ebf ho\u1ea1ch c\u1ee7a Nasdaq v\u00e0 S\u1edf Giao d\u1ecbch Ch\u1ee9ng kho\u00e1n New York (NYSE) l\u00e0 \u0111\u01b0a tokenization v\u00e0o c\u00e1c h\u1ec7 th\u1ed1ng giao d\u1ecbch thay th\u1ebf (ATS), t\u1ee9c lo\u1ea1i \u0111\u1ecba \u0111i\u1ec3m kh\u1edbp l\u1ec7nh ng\u01b0\u1eddi mua v\u00e0 ng\u01b0\u1eddi b\u00e1n n\u1eb1m ngo\u00e0i c\u00e1c s\u00e0n giao d\u1ecbch truy\u1ec1n th\u1ed1ng.<\/p>\n<p>D\u00f9 c\u1ea3 hai s\u00e0n \u0111\u1ec1u \u0111ang nghi\u00ean c\u1ee9u tokenization, Noch cho bi\u1ebft Nasdaq hi\u1ec7n theo \u0111u\u1ed5i song song ba h\u01b0\u1edbng \u0111i: n\u00e2ng c\u1ea5p quy tr\u00ecnh h\u1eadu giao d\u1ecbch v\u00e0 thanh to\u00e1n b\u00f9 tr\u1eeb sau khi l\u1ec7nh \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n, cho ph\u00e9p doanh nghi\u1ec7p ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu token h\u00f3a v\u00e0 h\u1ed7 tr\u1ee3 giao d\u1ecbch tr\u00ean c\u00e1c n\u1ec1n t\u1ea3ng n\u01b0\u1edbc ngo\u00e0i nh\u01b0 Kraken.<\/p>\n<p>T\u1ed5ng h\u1ee3p c\u00e1c n\u1ed7 l\u1ef1c n\u00e0y c\u00f3 th\u1ec3 d\u1eabn t\u1edbi s\u1ef1 h\u00ecnh th\u00e0nh c\u1ee7a hai h\u1ec7 th\u1ed1ng ri\u00eang bi\u1ec7t \u2014 m\u1ed9t h\u1ec7 th\u1ed1ng n\u1eb1m trong th\u1ecb tr\u01b0\u1eddng M\u1ef9 \u0111\u01b0\u1ee3c qu\u1ea3n l\u00fd, v\u00e0 m\u1ed9t h\u1ec7 th\u1ed1ng kh\u00e1c v\u1eadn h\u00e0nh th\u00f4ng qua c\u00e1c n\u1ec1n t\u1ea3ng offshore d\u1ef1a tr\u00ean blockchain.<\/p>\n<p>Tuy nhi\u00ean, TD Securities c\u1ea3nh b\u00e1o r\u1eb1ng vi\u1ec7c m\u1edf r\u1ed9ng sang c\u00e1c n\u1ec1n t\u1ea3ng offshore c\u00f3 th\u1ec3 t\u1ea1o ra m\u1ed9t \u0111\u1ecba \u0111i\u1ec3m giao d\u1ecbch t\u00e1ch bi\u1ec7t cho c\u00f9ng m\u1ed9t lo\u1ea1i t\u00e0i s\u1ea3n c\u01a1 s\u1edf. Nh\u1eefng c\u1ed5 phi\u1ebfu token h\u00f3a n\u00e0y s\u1ebd \u0111\u01b0\u1ee3c b\u1ea3o ch\u1ee9ng b\u1eb1ng c\u1ed5 phi\u1ebfu th\u1eadt nh\u01b0ng l\u1ea1i v\u1eadn h\u00e0nh ngo\u00e0i khu\u00f4n kh\u1ed5 ph\u00e1p l\u00fd c\u1ee7a M\u1ef9, n\u00ean c\u00f3 th\u1ec3 xu\u1ea5t hi\u1ec7n nh\u1eefng kh\u00e1c bi\u1ec7t so v\u1edbi h\u00ecnh th\u1ee9c n\u1eafm gi\u1eef truy\u1ec1n th\u1ed1ng.<\/p>\n<p>\u0110\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0, \u0111i\u1ec1u \u0111\u00f3 c\u00f3 th\u1ec3 \u0111\u1ed3ng ngh\u0129a c\u00f9ng m\u1ed9t c\u1ed5 phi\u1ebfu \u0111\u01b0\u1ee3c giao d\u1ecbch \u1edf nhi\u1ec1u n\u01a1i v\u1edbi c\u00e1c m\u1ee9c gi\u00e1 kh\u00e1c nhau, khi\u1ebfn th\u1ecb tr\u01b0\u1eddng tr\u1edf n\u00ean kh\u00f3 theo d\u00f5i h\u01a1n v\u00e0 c\u00f3 nguy c\u01a1 l\u00e0m d\u00f2ng thanh kho\u1ea3n d\u1ecbch chuy\u1ec3n kh\u1ecfi c\u00e1c s\u00e0n giao d\u1ecbch truy\u1ec1n th\u1ed1ng.<\/p>\n<p>Cointelegraph \u0111\u00e3 li\u00ean h\u1ec7 v\u1edbi TD Securities \u0111\u1ec3 xin th\u00eam b\u00ecnh lu\u1eadn nh\u01b0ng ch\u01b0a nh\u1eadn \u0111\u01b0\u1ee3c ph\u1ea3n h\u1ed3i k\u1ecbp th\u1eddi tr\u01b0\u1edbc th\u1eddi \u0111i\u1ec3m xu\u1ea5t b\u1ea3n.<\/p>\n<p><img decoding=\"async\" style=\"color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-03\/019d2bc3-805b-7d7e-9407-c66a3233c369.png\" \/><\/p>\n<figure><figcaption><em>S\u1ef1 t\u0103ng tr\u01b0\u1edfng c\u1ee7a c\u1ed5 phi\u1ebfu token h\u00f3a. Ngu\u1ed3n: <\/em><a title=\"https:\/\/app.rwa.xyz\/stocks\" href=\"https:\/\/app.rwa.xyz\/stocks\" target=\"_blank\" rel=\"nofollow noopener\"><em>RWA.xyz<\/em><\/a><\/figcaption><\/figure>\n<p><em><strong>B\u00ean li\u00ean quan: <\/strong><\/em><a title=\"https:\/\/cointelegraph.com\/news\/kraken-fed-access-mara-bitcoin-nyse-tokenization\" href=\"https:\/\/cointelegraph.com\/news\/kraken-fed-access-mara-bitcoin-nyse-tokenization\"><em><strong>Crypto Biz: Kraken plugs into the Fed<\/strong><\/em><\/a><\/p>\n<h2 data-start=\"115\" data-end=\"163\"><strong data-start=\"115\" data-end=\"163\">Giao d\u1ecbch token h\u00f3a \u0111ang ti\u1ebfn v\u00e0o d\u00f2ng ch\u00ednh<\/strong><\/h2>\n<p data-start=\"165\" data-end=\"299\">Th\u1ecb tr\u01b0\u1eddng t\u00e0i s\u1ea3n token h\u00f3a \u0111\u00e3 t\u0103ng tr\u01b0\u1edfng nhanh trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y, trong \u0111\u00f3 c\u1ed5 phi\u1ebfu \u0111ang n\u1ed5i l\u00ean nh\u01b0 tr\u1ecdng t\u00e2m l\u1edbn ti\u1ebfp theo.<\/p>\n<p data-start=\"301\" data-end=\"598\">Nh\u01b0 Cointelegraph g\u1ea7n \u0111\u00e2y \u0111\u01b0a tin, n\u1ec1n t\u1ea3ng xStocks c\u1ee7a Kraken \u2014 n\u01a1i cung c\u1ea5p c\u00e1c phi\u00ean b\u1ea3n token h\u00f3a c\u1ee7a c\u1ed5 phi\u1ebfu ni\u00eam y\u1ebft c\u00f4ng khai v\u00e0 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c mua b\u00e1n tr\u00ean c\u00e1c venue d\u1ef1a tr\u00ean blockchain \u2014 \u0111\u00e3 v\u01b0\u1ee3t m\u1ed1c 25 t\u1ef7 USD kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch l\u0169y k\u1ebf, ph\u1ea3n \u00e1nh m\u1ee9c t\u0103ng tr\u01b0\u1edfng kho\u1ea3ng 150% k\u1ec3 t\u1eeb th\u00e1ng 11.<\/p>\n<h2><img decoding=\"async\" style=\"color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif; font-size: 18px;\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-03\/019d2bc3-829f-7edb-b8d4-f9702712b25d.png\" \/><\/h2>\n<figure><figcaption><em>Ngu\u1ed3n: <\/em><a title=\"https:\/\/x.com\/Securitize\/status\/2037239429140516869\" href=\"https:\/\/x.com\/Securitize\/status\/2037239429140516869\" target=\"_blank\" rel=\"nofollow noopener\"><em>Securitize<\/em><\/a><\/figcaption><\/figure>\n<p>\u0110\u1ed1i v\u1edbi trader, \u0111i\u1ec1u n\u00e0y cho th\u1ea5y th\u1ecb tr\u01b0\u1eddng \u0111ang d\u1ecbch chuy\u1ec3n theo h\u01b0\u1edbng giao d\u1ecbch 24\/7, n\u01a1i c\u1ed5 phi\u1ebfu c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c mua b\u00e1n ngo\u00e0i khung gi\u1edd truy\u1ec1n th\u1ed1ng. Tuy nhi\u00ean, xu h\u01b0\u1edbng n\u00e0y c\u0169ng c\u00f3 th\u1ec3 k\u00e9o theo nh\u1eefng r\u1ee7i ro m\u1edbi, bao g\u1ed3m thanh kho\u1ea3n th\u1ea5p h\u01a1n v\u00e0 ch\u00eanh l\u1ec7ch gi\u00e1 gi\u1eefa c\u00e1c n\u1ec1n t\u1ea3ng.<\/p>\n<p>Coinbase c\u0169ng \u0111\u00e3 m\u1edf r\u1ed9ng sang m\u1ea3ng c\u1ed5 phi\u1ebfu token h\u00f3a nh\u01b0 m\u1ed9t ph\u1ea7n trong tham v\u1ecdng x\u00e2y d\u1ef1ng m\u1ed9t \u201ceverything exchange\u201d, qua \u0111\u00f3 ph\u00e1t \u0111i t\u00edn hi\u1ec7u c\u1ea1nh tranh ng\u00e0y c\u00e0ng m\u1ea1nh gi\u1eefa c\u00e1c n\u1ec1n t\u1ea3ng crypto v\u00e0 c\u00e1c s\u00e0n giao d\u1ecbch truy\u1ec1n th\u1ed1ng trong l\u0129nh v\u1ef1c giao d\u1ecbch c\u1ed5 phi\u1ebfu.<\/p>\n<p>V\u1ec1 ph\u00eda m\u00ecnh, NYSE c\u0169ng \u0111ang\u63a2\u7d22 c\u00e1c s\u00e1ng ki\u1ebfn tokenization kh\u00e1c th\u00f4ng qua quan h\u1ec7 h\u1ee3p t\u00e1c v\u1edbi Securitize, v\u1edbi m\u1ee5c ti\u00eau ph\u00e1t tri\u1ec3n m\u1ed9t n\u1ec1n t\u1ea3ng d\u00e0nh cho ch\u1ee9ng kho\u00e1n token h\u00f3a c\u00f3 th\u1ec3 h\u1ed7 tr\u1ee3 giao d\u1ecbch k\u00e9o d\u00e0i ho\u1eb7c giao d\u1ecbch 24\/7.<\/p>\n<p><em style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\"><strong>B\u00ean li\u00ean quan: <\/strong><\/em><a style=\"font-size: revert; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\" title=\"https:\/\/cointelegraph.com\/news\/versabank-tokenized-deposits-fx-cross-border-payments\" href=\"https:\/\/cointelegraph.com\/news\/versabank-tokenized-deposits-fx-cross-border-payments\"><em><strong>VersaBank expands tokenized deposits with cross-border FX use case<\/strong><\/em><\/a><\/p>\n<\/div>\n<p>Cointelegraph cam k\u1ebft theo \u0111u\u1ed5i n\u1ec1n b\u00e1o ch\u00ed \u0111\u1ed9c l\u1eadp v\u00e0 minh b\u1ea1ch. B\u00e0i vi\u1ebft n\u00e0y \u0111\u01b0\u1ee3c s\u1ea3n xu\u1ea5t theo Ch\u00ednh s\u00e1ch Bi\u00ean t\u1eadp c\u1ee7a Cointelegraph, v\u1edbi m\u1ee5c ti\u00eau cung c\u1ea5p th\u00f4ng tin ch\u00ednh x\u00e1c v\u00e0 k\u1ecbp th\u1eddi. Ng\u01b0\u1eddi \u0111\u1ecdc \u0111\u01b0\u1ee3c khuy\u1ebfn kh\u00edch t\u1ef1 x\u00e1c minh th\u00f4ng tin m\u1ed9t c\u00e1ch \u0111\u1ed9c l\u1eadp. <a href=\"http:\/\/cointelegraph.com\/editorial-policy\">https:\/\/cointelegraph.com\/editorial-policy<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>N\u1ed7 l\u1ef1c \u0111\u01b0a tokenization v\u00e0o th\u1ecb tr\u01b0\u1eddng v\u1ed1n c\u1ee7a Nasdaq c\u00f3 th\u1ec3 d\u1eabn t\u1edbi m\u1ed9t c\u1ea5u tr\u00fac hai th\u1ecb tr\u01b0\u1eddng, [&hellip;]<\/p>","protected":false},"author":5,"featured_media":65954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-65953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/65953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=65953"}],"version-history":[{"count":1,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/65953\/revisions"}],"predecessor-version":[{"id":66129,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/65953\/revisions\/66129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/65954"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=65953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=65953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=65953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}