
Payward is planning a surveillance system covering five market types as the debate over continuous, tokenized trading develops. The monitoring proposal may address market oversight, but it does not determine how digital assets are classified under U.S. law. That legal classification remains central to whether products can reach U.S. investors and which protections apply to them. The issue creates a distinction between operating surveillance across markets and resolving the regulatory questions governing access. As a result, Nasdaq-related monitoring alone cannot settle the broader dispute over 24/7 tokenized markets, according to CryptoSlate. The discussion is relevant to crypto assets and to the Nasdaq Composite (IXIC), although the source does not provide pricing data or a timetable for implementation.