19.03.202612:52 Forex Analysis & Reviews: Tokenized shares already become reality

While Bitcoin's price dipped to $69,500 — a level that was actively bought — the US Securities and Exchange Commission has approved trading of tokenized shares on Nasdaq, opening a new era in finance. The decision is a major step forward, integrating blockchain technology into the regulated stock market.

Tokenized shares will trade in the same order book as ordinary shares, providing equal rights and priority to all market participants. That means investors holding both traditional and tokenized securities will have the same opportunities and protections.

Initially, this access will be available for issuers in the Russell 1000 and for ETFs tracking the S&P 500 and Nasdaq indices. That allows the new mechanism to be tested with the largest, most liquid assets, minimising potential risks.

For retail traders and investors, these changes will not produce significant differences. Dividends, voting rights, and settlement timing will remain the same, preserving the familiar level of comfort and safety.

The rollout will be conducted via a pilot programme through the Depository Trust Company, the report says. This approach will allow processes to be carefully refined and the system's reliability confirmed before full-scale implementation.

Importantly, blockchain technology continues to advance rapidly, and for the first time, a traditional US stock exchange is taking such a bold step by formally opening the door to trading tokenized securities. This event will doubtless act as a catalyst for further fintech innovation and the digitalization of financial markets.

Trading recommendations

Bitcoin

Buyers are currently targeting a return to $70,900, which would open a direct path to $73,000 and then to $74,600. The more distant upside target is around $76,500; a break above that would signal attempts to resume the bull market. On the downside, buyers are expected at $69,300. A move below that area could quickly push BTC toward $66,700, with a further downside target near $64,900.

Ethereum

A clear close above $2,210 would open the way to $2,279. The most distant upside target is around $2,368; a break above that would indicate strengthening bullish sentiment and renewed buyer interest. On the downside, buyers are expected at $2,145. A move below that area could quickly send ETH toward $2,078, with a further downside target near $2,007.

What's on the chart

• The red lines represent support and resistance levels, where price is expected to either pause or react sharply.
• The green line shows the 50-day moving average.
• The blue line is the 100-day moving average.
• The lime line is the 200-day moving average.

Price testing or crossing any of these moving averages often either halts movement or injects fresh momentum into the market.