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.