Bloomberg analysts: Equity tokenization will not replace ETFs, but will benefit investors more broadly.

Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform that Nasdaq's equity tokenization framework aims to allow stocks like Nvidia and Tesla to be traded both as traditional stocks and as blockchain tokens. This move will bridge the gap between traditional stock markets and blockchain investors, diversifying stock trading methods. Equity tokenization will not replace ETFs, but rather distribute them on-chain, providing participation opportunities for global investors, especially in less developed countries and regions. Bringing the world's most popular ETFs and stocks onto the blockchain is beneficial for the market.