
Ostium offers equity perpetual futures using direct Nasdaq feeds, bypassing oracles and closing a trust gap. SEC approval lets tokenized shares trade alongside traditional ones on the same order book.
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Nasdaq is doing something it has never done before: feeding real-time stock pricing directly into on-chain platforms. That makes a blockchain product called equity perpetual futures suddenly viable for traders who care about execution quality.
Ostium launched the first such product in May 2026. It offers perpetual futures on individual US stocks, settled on-chain, using data sourced straight from Nasdaq. Before this, on-chain derivatives relied on third-party oracles or delayed feeds. The difference is trust: the feed comes from the same source that drives institutional order books on Wall Street.
Equity perpetuals are contracts that let traders speculate on stock prices without expiration or physical delivery. They have existed for crypto assets for years. Ostium's launch extends them to individual equities, powered by Nasdaq's own data.
This is not a one-off. In March 2026, Nasdaq partnered with Kraken to build a framework for issuing, trading, and distributing tokenized versions of Nasdaq-listed stocks and ETFs globally. The partnership preserves traditional ownership rights, governance, and regulatory compliance while using blockchain for faster settlement.
The same month, the SEC approved Nasdaq's plan to trade tokenized equities on the same order book as their traditional counterparts. Identical priority rules, identical fee structures, and identical market data treatment apply. That means tokenized and traditional shares are treated as equals under the exchange's surveillance and pricing systems.
Nasdaq first explored blockchain in 2015 with Chain, focusing on private market share issuance. That effort stayed in private markets. The current strategy targets public markets directly, with regulatory approvals, operational trading infrastructure, and actual data feeds flowing to on-chain platforms.
For retail traders, tokenized equities on blockchain rails could enable 24/7 global trading, removing market hour constraints and geographic barriers. For institutions, automated corporate actions like dividends and proxy votes via smart contracts reduce operational overhead. Settlement drops from T+1 to near-instant finality.
The SEC filing that laid the groundwork came in September 2025, when Nasdaq submitted its framework for trading tokenized securities alongside traditional shares. The March 2026 approval turned that filing into operational reality.
The move follows a broader push into tokenized assets. Fidelity's tokenized treasury fund, for example, has grown to $15B in assets, with other managers following suit. Learn more about tokenized fund growth
Prepared with AlphaScala research tooling and grounded in primary market data: live prices, fundamentals, SEC filings, hedge-fund holdings, and insider activity. Each story is checked against AlphaScala publishing rules before release. Educational coverage, not personalized advice.