Nasdaq CEO: Tokenization Could Unlock Tens of Billions in Trapped Capital
11 Articles
11 Articles
The CEO of Nasdaq argues that taking assets and money could make financial guarantees more fluid and free tens of billions of dollars. The transition to 24-hour open markets, however, would require continuous risk management and increasing reliance on artificial intelligence.
Adena Friedman, CEO of Nasdaq, estimates that the tokenization of financial assets could unlock tens of billions of dollars immobilized as collateral in the global financial system. The leader of the large US stock market also details the obstacles to be lifted before seeing traditional stock markets open 24 hours a day, as the continuous markets allowed by the blockchains. The article The tokenization could "release tens of billions of dollars"…
Tokening in the financial markets could free tens of billions of dollars now blocked as collateral, said the CEO of Nasdaq Adena Friedman. Friedman talked about it at TOKEN2049 in Singapore, in conversation with Joanna Ossinger, as reported CNBC. Among the tools that could become more liquid indicated the Treasurys, the shares and [...]
Tens of billions of dollars of capital that remain tied up as collateral in the global financial system could be freed up through tokenization, according to a study.
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