Quant Price Jumps 10% After SEC Allows Nasdaq to Trade Tokenized Shares

The Quant (QNT) cryptocurrency has experienced a 10% price surge following the Securities and Exchange Commission's (SEC) decision to allow Nasdaq to support trading of tokenized shares.

This regulatory development has had a positive impact on investors' confidence, leading to an increase in the cryptocurrency's price. According to CoinMarketCap, Quant's market capitalization has reached $927.95 million, with a daily trading volume of $32.20 million.

The SEC's approval for Nasdaq tokenized securities trading will enable high-volume stocks from the Russell 1000 index and major exchange-traded funds to trade as digital tokens on the same order book as traditional shares. This will create a regulated on-ramp for real-world assets to go live on blockchain.