Tokenization could unleash tens of billions of dollars in trapped capital, Nasdaq CEO says
Nasdaq CEO Adena Friedman said tokenization could help banks and financial institutions move collateral more efficiently, freeing tens of billions of dollars in capital. She also said a shift to 24/7 trading would require major infrastructure changes, with AI expected to contribute to real-time risk management.
Why it matters — The comments outline potential changes in market infrastructure and risk management relevant to Nasdaq as a financial markets technology and exchange operator.