Nasdaq offers Eqlipse Digital tokenisation platform to exchanges and CSDs as it extends its always-on markets plans
Nasdaq is offering Eqlipse Digital, which it describes as a platform for market operators to issue, settle and service tokenised assets, as part of wider plans for always-on markets. Those plans include LeveL ATS, an investment in Europe's One Trading and 23/5 US trading, which is set to start on 6 December 2026. Nasdaq's product page gives no launch date. Separately, an SEC-approved Nasdaq rule to trade tokenised shares on the same order book as traditional shares has not yet taken effect.