Nasdaq Seeks SEC Approval for Grayscale Polkadot Trust Listing

The Nasdaq has filed a proposal with the Securities and Exchange Commission to list shares of the Grayscale Polkadot Trust on its platform. This move will enable investors to easily track polkadot price movements, increasing accessibility for traditional market participants. The trust, sponsored by Digital Currency Group subsidiaries, seeks to provide exposure to Polkadot, the native token of the Polkadot network. 🔎 The SEC-approved listing will involve Coinbase Custody Trust Company as custodian and BNY Mellon Asset Servicing as administrator, trading under ticker DOT.