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Nasdaq

Global electronic securities exchange & fintech

Product Manager - Digital Assets, Tokenization

Full-TimeUpdated on 10/23/2026
$139k - $243k+ Annual bonus/commission + Equity
Expert
New York, NY, USA
HybridHybrid in New York City; at least 3 days per week in the office.
ProductTechnical Product Management
No H1B Sponsorship

About the job

Requirements
  • At least 8 years of product management experience in digital assets, capital markets, exchange technology, trading platforms, fintech, or enterprise software.
  • Demonstrated ability to launch or scale new products and work through ambiguity and rapid iteration.
  • Strong understanding of the equity ecosystem, tokenization, digital asset ecosystems, and institutional market participants.
  • On-chain fluency with Layer 1 and Layer 2 ecosystems, smart contract basics, tokenization and real-world assets, wallets and custody, decentralized exchanges and automated market makers, and on-chain data and oracles.
  • Deep understanding of capital markets trading workflows, market structure, execution, clearing, settlement, and post-trade operations.
  • Experience building or managing products that support trading platforms, exchanges, electronic markets, or other high-volume financial systems.
  • Experience working with blockchain technologies, tokenized assets, smart contracts, distributed ledger platforms, or on-chain financial infrastructure.
  • Proven ability to bring complex products from concept through launch and adoption.
  • Experience working in regulated environments and partnering with Legal, Compliance, and Risk teams.
  • Applicants must be authorized to work in the United States without employment-based visa sponsorship now or in the future.
Responsibilities
  • Own the tokenization product roadmap across issuance, trading, settlement, smart contract-enabled functionality, and interoperability.
  • Define end-to-end workflows spanning issuance, trading, clearing, settlement, custody, transfer restrictions, and corporate actions.
  • Partner with institutional market participants to translate complex trading and operational requirements into scalable product capabilities.
  • Translate product strategy into execution for tokenized assets and on-chain financial markets.
  • Collaborate with Engineering and Architecture on APIs, smart contract capabilities, data models, security controls, and integration strategies.
  • Support the development of low-latency, high-volume systems designed for institutional-grade market infrastructure.
  • Partner with Legal, Compliance, and Risk to design compliant operating models and controls.
  • Drive product launches, stakeholder alignment, and continuous product improvement.
Desired Qualifications
  • Experience building or supporting on-chain trading platforms, digital asset marketplaces, or tokenized market infrastructure.
  • Experience working for an exchange, broker-dealer, market infrastructure provider, institutional trading platform, or capital markets technology company.
  • Experience supporting low-latency, high-volume systems where performance, reliability, and scalability are critical.
  • Familiarity with custody, clearing, settlement, transfer agent workflows, and corporate actions.
  • Strong knowledge of smart contract architecture, token standards, blockchain protocols, and institutional digital asset ecosystems.

About the company

Nasdaq operates one of the world’s largest electronic stock exchanges and provides a suite of financial technology services for buying and selling securities, plus analytics like Nasdaq Smart Portfolio. Its products include an electronic trading platform that matches orders, subscription analytics, and data services, as well as listing services and non-financial marketplaces through InsurTech partners. It differentiates itself with a large, scalable exchange, extensive data analytics, a broad subscription-based product lineup, and a footprint in both traditional markets and digital marketplaces. Its goal is to provide efficient, transparent access to capital and investment opportunities worldwide while growing revenue from trading, listings, and data-driven services and advancing sustainable investing globally.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

1971

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Simplify's Take

What believers are saying

  • Second-quarter 2026 revenue hit $1.5 billion, while fintech revenue grew 16%.
  • Verafin and Stablecore unify fiat and crypto monitoring, addressing a fast-growing $2.4 trillion market.
  • Nasdaq launched 34 index products in Q2 2026, expanding annuities and international distribution.

What critics are saying

  • SEC delisting fights like Shineco show Nasdaq carries constant regulatory and reputational risk.
  • Kraken tokenization and blockchain settlement make Nasdaq dependent on crypto counterparties and execution by 2027.
  • NYSE, Cboe, and ICE are racing into tokenized trading, commoditizing Nasdaq's infrastructure.

What makes Nasdaq unique

  • Nasdaq fuses exchange rails, Verafin, Calypso, and eVestment into one capital-markets stack.
  • September 2026 Kraken investment positions Nasdaq as bridge between tokenized and traditional equities.
  • Nasdaq-100 licensing and index products create recurring revenue beyond volatile trading volumes.

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Benefits

  • Hybrid Work Options
  • Flexible Work Hours

Company News

Fortune
Oct 23rd, 2026
Nasdaq CEO urges national fraud strategy as global losses hit $579B

Nasdaq chair and chief executive officer Adena Friedman has called for a National Fraud Strategy to coordinate efforts across the financial system and beyond. She proposed it at an American Banker event on Tuesday, citing information sharing, common best practices, and legal safe harbours as ways to disrupt criminals. Nasdaq Verafin's 2026 Global Financial Crime Report estimates fraud losses reached $579.4 billion in 2025, with scam-related losses at about $62 billion. "This challenge is simply too large and evolving too quickly for any single institution to solve alone," Friedman said. Greg Williamson of Nasdaq Verafin said criminals use AI to automate attacks and personalise scams. They increasingly manipulate consumers into authorising payments themselves, often through emotional appeals such as love or fear. The framework would link financial institutions, technology platforms, telecommunications providers, payment networks, and law enforcement.

Yahoo Finance
Oct 23rd, 2026
Nasdaq Q3 revenue jumps 14% to $1.5B as cloud and anti-financial crime demand surges

Nasdaq reported third-quarter 2026 net revenue growth of 14% year over year to $1.5 billion, driven by demand for cloud technology and index products. The company announced the results on its earnings call on October 22, 2026. Cloud migration is lifting contract sizes: 85% of fintech bookings were for cloud-based solutions. Demand for Nasdaq Verafin, its financial crime prevention software, also rose, with 12 enterprise deals signed year to date against nine in all of last year. Bruce ATS agreed to use Nasdaq's trading technology to power the first 24/7 US equities trading ecosystem. Free cash flow reached $616 million for the quarter. Nasdaq plans to spend on organic technology investment and share repurchases.

KuCoin
Oct 22nd, 2026
Nasdaq Foundation grant helps Marketplace expand financial literacy content

Marketplace, owned by American Public Media, has received a grant from the Nasdaq Foundation's Economic Opportunity Initiative to expand its financial literacy content. The source gives no grant amount. The money will bundle Marketplace's best reporting and learning material into one digital hub. It will also widen classroom-ready resources through educational partners and reach audiences online, particularly on social media. The project centres on four podcasts: Million Bazillion, Financially Inclined, This Is Uncomfortable, and Must Be the Money. Neal Scarbrough, vice president and general manager of Marketplace, said the support will help it "expand the depth, discoverability, and reach of these resources.

Associated Press
Oct 22nd, 2026
Nasdaq Q3 net revenue rises 13% to $1.5B as ARR hits record $3.4B

Nasdaq reported third quarter 2026 net revenue of $1.5 billion, up 13% from a year earlier. Solutions revenue rose 17% to $1.2 billion, and annualized recurring revenue hit a record $3.4 billion, up 12%. Financial Technology revenue grew 16% to $529 million. Index revenue jumped 39% to $286 million, helped by $49 billion of net inflows in the quarter. GAAP diluted earnings per share rose 31% to $0.96. Non-GAAP earnings per share rose 18% to $1.04. Nasdaq returned $173 million to shareholders through dividends and $323 million through share repurchases. It also completed the acquisition of LeveL Markets, which closed early in the fourth quarter.

Yahoo Finance
Oct 16th, 2026
Nasdaq 100 futures fall 0.4% as AI spending and Fed rate hike fears weigh on tech

US stock futures edged lower on Thursday evening as investors worried about technology valuations and the cost of financing artificial intelligence (AI) infrastructure. Nasdaq 100 futures fell 0.4% by 20:50 EDT, while S&P 500 futures slipped 0.1%. Dow Jones futures rose 0.1%. In the regular session, the Dow climbed 1.1% as investors moved into defensive sectors. The S&P 500 gained 0.3% and the Nasdaq Composite 0.1%. Tech remained weak. Nvidia fell 1.8%, Dell dropped 6.9%, and Hewlett Packard Enterprise fell 7.1%. The Philadelphia Semiconductor Index lost 0.9%, its seventh straight decline. Inflation also weighed. September producer prices rose more than expected, and markets priced in a 67% chance of a Fed rate rise by December. The 10-year Treasury yield fell to about 5.09%.