Nasdaq CEO says tokenization could free tens of billions in trapped collateral
Overview
Nasdaq CEO Adena Friedman says tokenizing assets such as Treasurys, equities and money market funds, along with the flow of money, could free up tens of billions of dollars of capital now tied up as collateral across the global financial system.
This is Friedman's claim; the report does not present an independent estimate or evidence of the amount.
Friedman said moving markets to 24/7 trading would require real-time risk and collateral management, and that Nasdaq is launching AI agents within its risk platform that initially provide recommendations. She also cautioned that not every asset is liquid enough to support round-the-clock trading.
Written by AI from the articles below · updated Oct 8, 8:57 PM ET
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- CNBC · TechnologyNasdaq CEO says tokenization could unlock tens of billions in trapped collateral capital
AINasdaq CEO Adena Friedman said tokenizing assets such as Treasurys, equities and money market funds, along with the flow of money, could free up tens of billions of dollars in capital tied up as collateral across the global financial system. She said moving markets to 24/7 trading would require real-time risk and collateral management, with Nasdaq launching AI agents within its risk platform that initially provide recommendations. Friedman added that not every asset is liquid enough to support round-the-clock trading.
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