Tokenization could free up tens of billions of dollars in capital tied up in assets used as collateral across the global financial system, Nasdaq CEO Adena Friedman said.
Tokenizing assets such as Treasurys, equities and money market funds, along with the flow of money, could make collateral "very fluid," Friedman told CNBC at TOKEN2049 in Singapore.
Find out how tokenization can drive the shift towards fully 24/7 markets: