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MegaETH market cap after launch

NASDAQ to tokenize all listed stocks by 2026, shifting fees to blockchain

Tokenterminal · 1h ago
YES 3% 0¢ since publish
Apr 20 Updated just now

Nasdaq has filed with the SEC to tokenize all its listed stocks by 2026, a move that would redirect trading fee revenue from traditional finance infrastructure to blockchain networks. On Polymarket, the MegaETH market cap exceeding $6B after launch sits at 73% YES.

Market reaction

The MegaETH June 30 sub-market holds at 73% YES. Tokenization of equities shifts fee generation away from traditional exchanges and toward blockchain networks and decentralized exchanges like Uniswap. The Sentio and Predict.fun fully diluted valuation (FDV) over $50M one day after launch also stands to benefit from broader institutional interest in blockchain infrastructure, though that market has seen less activity than MegaETH.

Why it matters

Tokenization of Nasdaq-listed stocks would move fee revenue currently captured by traditional market infrastructure onto blockchain rails, directly benefiting networks like Ethereum and projects built on them. For MegaETH, this creates a plausible path to higher valuations if Ethereum-based infrastructure absorbs more trading volume. For Sentio, the effect is less direct but still relevant: increased capital flows into blockchain projects could lift FDV expectations. The MegaETH market currently shows no trading volume, but the 73% YES odds reflect trader expectations that blockchain platforms will capture a growing share of financial activity.

What to watch

The main catalysts are Nasdaq’s implementation timeline announcements, MegaETH’s TGE date, and any strategic partnerships or major exchange listings for Sentio. A YES share in the MegaETH market is priced at 27¢, offering a 3.7x return if MegaETH exceeds the $6B FDV threshold.

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