16 Jun 2025
💰Nasdaq Proposes Listing Shares of Grayscale Polkadot Trust
Self-Regulatory Organizations; Nasdaq Stock Market LLC; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of the Grayscale Polkadot Trust (DOT) Under Nasdaq Rule 5711(d) (Commodity Based Trust Shares)
Summary
The SEC is evaluating a proposed rule change from Nasdaq to list and trade shares of the Grayscale Polkadot Trust, which aims to reflect the value of DOT tokens. This initiative is subject to public comment and analysis regarding its compliance with securities regulations and investor protection standards.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document involves the proposed rule change for listing and trading shares of the Grayscale Polkadot Trust on Nasdaq, impacting businesses that invest in digital assets and may affect trading practices. Business owners and executives should be aware of the regulatory environment as it may impact investment opportunities and compliance requirements.