Nasdaq CEO Reveals How Tokenization Could Unlock Billions in Capital
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TLDR Nasdaq CEO Adena Friedman says tokenization could free up tens of billions of dollars in trapped capital Tokenization turns assets like stocks and bonds into digital tokens that move on blockchain networks DTCC plans to launch a platform this month letting firms tokenize stocks and ETFs The SEC issued an exemption allowing new trading venues to skip some traditional exchange rules Major firms like JPMorgan, Goldman Sachs, and BlackRock tested the new DTCC system this summer Financial firms are moving closer to a system where stocks and other assets…
Source: CoinCentral
