Tokenization Could Free Up Billions in Capital, Nasdaq CEO Says

Nasdaq CEO Adena Friedman believes that tokenization could unlock billions of dollars in locked capital as more TradFi firms are looking for 24-7 trading. The traditional financial system is entering a new phase. With the help of blockchain technology and tokenization , institutions are looking for ways that could make trading and global money transfers faster and more efficient. Amid this transformation, Nasdaq CEO Adena Friedman stated that tokenization could unlock billions of dollars in locked capital as more TradFi firms are moving toward 24/7 trading.