Nasdaq CEO says blockchain tokenization could unlock tens of billions in capital

Nasdaq CEO Adena Friedman said blockchain-based tokenization could reshape global finance and unlock tens of billions of dollars in trapped capital, according to a Techub News brief citing @Kalshi. Friedman said the technology could improve market efficiency and liquidity. The remarks focus on tokenization’s potential role in changing how financial assets move through markets, with an emphasis on freeing up capital that is currently less efficiently deployed. The brief did not provide additional details on timeline, specific asset classes, or implementation plans, but it highlighted Friedman’s view that tokenization could have a material effect on the structure of financial markets.