Nasdaq CEO says tokenization could unlock trapped capital,AI a key to / trading

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Nasdaq CEO: Tokenization Could Unlock Billions USD in Trapped Capital,AI Critical for / Trading

BlockBeats reported that October 9, Nasdaq CEO Adena Friedman said at the TOKEN 2049 Singapore conference that tokenizing government bonds, equities, money market funds, and capital flows could make collateral more liquid and unlock billions USD in trapped capital in the global financial system. She noted that institutional interest in tokenization has grown significantly over the past 1 years, partly due to the U.S.GENIUS Act establishing a regulatory framework for stablecoins. If money can be tokenized, capital flows can be tokenized. Friedman also said that institutional interest is converging with retail demand, with the latter having long sought / trading capabilities; the retail ecosystem is approximately 10 years ahead.

Friedman acknowledged that moving toward a fully 7×24-hour market is a major undertaking for the financial industry; the easiest part is exchange infrastructure. Traditional financial institutions have historically had market closures for system updates and risk management, whereas round-the-clock operation requires risk and collateral management to continue, with everything always in real time. Friedman also believes AI is critical to 24/7 trading. Nasdaq has launched digital agents on its risk management platform, initially providing recommendations; in the future, banks could use them to take more direct action.Kraken Kraken’s co-head CEO Arjun Sethi added that companies outside the United States are highly interested in tokenization and accessing U.S. capital markets, including a company with approximately 25000000 USD in revenue and larger international companies. However, Friedman also cautioned that “not all assets have sufficient liquidity to support a 24/7 environment.”

Original link https://m.theblockbeats.info/flash/370942

Key points

Nasdaq CEO’s Adena Friedman said at the TOKEN 2049 Singapore conference that tokenizing government bonds, equities, money market funds, and capital flows could make collateral more liquid.
Adena Friedman said tokenization could unlock billions USD in trapped capital.
She said institutional interest in tokenization has grown significantly over the past 1 years, partly due to the U.S.GENIUS Act establishing a regulatory framework for stablecoins.
Friedman said a fully 7×24-hour market would be a major undertaking for the financial industry, requiring risk and collateral management to operate continuously in real time.
Nasdaq has launched digital agents on its risk management platform, initially providing recommendations.
Kraken’s co-head CEO Arjun Sethi said companies outside the United States are highly interested in tokenization and accessing U.S. capital markets.
Friedman cautioned that not all assets have sufficient liquidity to support a 7×24-hour environment.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Tokenization means converting assets or capital flows into a form that can be managed in digital systems. The view expressed in the report is that this could make collateral more liquid and help markets extend trading hours; however, / trading also requires risk and collateral management to operate continuously.

Why it matters to readers

This shows that financial institutions are discussing the relationship between tokenization, stablecoins,AI risk management, and / trading, but the report does not specify a concrete implementation timeline or project outcomes.

The key point is not that a new product has emerged immediately, but that financial markets may gradually extend trading hours and make greater use of digital assets and AI to support risk management.

Risks and unknowns

The report does not provide a specific implementation timeline for the relevant tokenized assets or / trading arrangements.
The report does not specify the scope of direct action that digital agents may take in the future.
Not all assets have sufficient liquidity to support 7×24-hour trading.
The above content primarily consists of conference remarks and media reports; the original speech materials were not provided in the evidence.

Nasdaq CEO says tokenization could unlock trapped capital,AI a key to / trading

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