GoKawiilNasdaq CEO: tokenization could unlock tens of billions in collateral
Nasdaq CEO Adena Friedman said at the TOKEN2049 conference in Singapore that tokenizing assets like Treasurys, equities and money market funds, along with the flow of money, could free tens of billions of dollars currently tied up as collateral across the financial system. She cited growing institutional interest in tokenization, linking it partly to the passage of the Genius Act, which created a U.S. regulatory framework for stablecoins.
GoKawiil's interpretation of the reporting above, not reported fact.
Friedman's comments suggest major exchanges see tokenized collateral as a way to make capital markets more efficient, potentially reducing the amount of money firms must set aside for settlement and trading. Her remark that retail demand for round-the-clock trading has outpaced institutional adoption implies that regulatory clarity, like the Genius Act, could be catching institutions up to where retail investors already are.
- Nasdaq CEO says tokenization could unlock tens of billions in trapped collateral
- Friedman ties institutional interest to the Genius Act's stablecoin framework
- Retail investors are described as roughly a decade ahead in adopting round-the-clock trading demand
Source: cnbc.com — Jenny Lee, 2026-10-08
Published there as: “Tokenization could unleash tens of billions of dollars in trapped capital, Nasdaq CEO says”
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