Nasdaq CEO Says Tokenization Frees Tens of Billions in Collateral

Crypto12 days ago

Adena Friedman says the conversion of Treasurys, stocks and money market funds into digital tokens will release liquidity currently restricted by collateral requirements. The head of Nasdaq predicts that transitioning these asset classes to blockchain ledgers will unlock tens of billions of dollars in capital.

This shift toward blockchain-based tokenization is expected to transform the structure of global finance. The process would specifically target assets that are presently trapped as collateral, creating a more fluid movement of capital across the financial system.

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Nasdaq CEO Says Tokenization Frees Tens of Billions in Collateral

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Adena Friedman Nasdaq

$NDAQNasdaq, Inc.

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