Nasdaq’s Friedman Says Tokenization Could Free Billions in Capital
Photo: TokenPost
Tokenizing financial instruments and money could potentially free tens of billions of dollars in capital tied up as collateral, Nasdaq Chair and CEO Adena Friedman said, highlighting both the potential and limits of blockchain-based markets. Friedman made the comments during an Oct. 8 interview at TOKEN2049 in Singapore. She pointed to U.S. Treasury securities, stocks, money market funds and tokenized money as instruments that could become easier to transfer across global financial markets. “If you tokenize all those instruments along with the flow of money, then the collateral becomes very fluid,” Friedman said.
Source: TokenPost
