Nasdaq CEO Outlines 3 Ways Blockchain Can Fix Finance

Nasdaq CEO Adena Friedman identified three primary areas where blockchain technology can revolutionize traditional finance: overhauling fragmented post-trade infrastructure, enhancing collateral mobility to free trapped capital, and enabling faster, more seamless payments. Friedman noted that much of the friction in current post-trade processes unnecessarily ties up capital, which blockchain could unify and streamline. Regarding collateral, digital assets could allow for easier, quicker movement across platforms and borders, unlocking significant liquidity. While Nasdaq is not in the payments sector, she stressed that improved payment systems are crucial for frictionless global market participation. Nasdaq is already preparing by filing with the SEC to support tokenized securities trading, aiming to enhance existing resilient U.S. markets by layering in technology to reduce friction and improve investor choice, rather than replacing the core structure.

(Source：CoinDesk)