Nasdaq CEO: Asset Tokenization Could Unlock Tens of Billions of Dollars in Capital
NDAQ Nasdaq Inc
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View chart & analysis → - 1Nasdaq CEO Adena Friedman said tokenization could unlock tens of billions of dollars in capital tied up in collateral assets across the global financial system.
- 2The retail ecosystem has been ahead for about 10 years.
- 3Kraken Co-CEO Arjun Sethi mentioned a company's revenue of approximately $25 million, noting interest in tokenization for accessing US capital markets.
So what's the key point?
The Nasdaq head said that turning assets into digital tokens could make huge amounts of tied-up money available for use. This could help companies access capital markets more easily.
Source CNBC · View original ↗
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