Nasdaq CEO: Tokenization Could Free Up Tens of Billions in Trapped Capital
- —Friedman: tokenizing instruments and money flows could free up tens of billions in collateral capital
- —Institutional interest grew after the U.S. passed the Genius Act on stablecoins
- —Moving to 24/7 trading requires continuous risk management, with AI deemed critical
- —Kraken co-CEO Arjun Sethi: non-U.S. firms seek access to American capital markets via tokenization
Why it matters: Major exchanges and banks see tokenization as a way to boost collateral liquidity, accelerating blockchain integration into traditional markets.
Source: CNBC Crypto