Tokenizasyon, kilitli sermayenin serbestleşmesini mümkün kılabilir; Nasdaq CEO’su görüşünü paylaşıyor

Kısaca

Kilitli sermaye milyonlarca dolar ölçeğinde serbest kalabilir; Nasdaq CEO’su açıklaması. Şirketler ve bankalar 24/7 piyasa hedefiyle altyapı uyumuna odaklanıyor. Güçlü kurumsal talep ve yeni düzenleyici çerçeve birleşiyor; izlenecek gelişmeler takip edilmeli

Ana mesele

Tokenizasyon, varlıkları dijitalleştirerek sermayenin dolaşımını artırabilir.

Ne değişti?

Kurumsal talep artıyor; 24/7 piyasa için altyapı ve süreçler sürekli çalışmaya uyum sağlayabilir.

Beni nasıl etkiler?

Yatırımcılar için likidite ve işlem esnekliği artabilir.

Ne oldu?

Nasdaq CEO’su Adena Friedman, varlıkların tokenizasyonunun kilitli sermayeyi serbest bırakabileceğini belirtti.

Neden şimdi?

Günün talebi: kurumsal talep artışı ve perakende yatırımcıların 24/7 işlem isteği.

Neden önemli?

Likidite iyileşirse piyasa verimliliği ve sermaye dolaşımı güçlenebilir.

Kimler etkileniyor?

• finansal kurumlar
• perakende yatırımcılar
• düzenleyiciler

Sektör ve piyasa etkisi

Varlık tokenizasyonu, menkul kıymetler ve tahviller dahil piyasa yapısını geniş çapta etkileyebilir

Riskler

• risk yönetimi süreçlerinin sürekli çalışması ihtiyacı
• teknolojik altyapı gereksinimlerinin karşılanması
• düzenleyici belirsizlikler

Takip edilmesi gerekenler

• 24/7 işlem altyapısının uygulanması
• risk ve teminat yönetiminin entegrasyonu
• uluslararası ilgi ve yatırım akışları
• yenilikçi dijital ajanlar ve yapay zeka entegrasyonu

Haberin tamamı

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 more liquid, Friedman told CNBC's Joanna Ossinger , managing editor and head of APAC Digital News, at the TOKEN2049 conference in Singapore.

"If you tokenize all those instruments along with the flow of money, then the collateral becomes very fluid," Friedman said.

Tokenization involves representing financial assets, such as stocks and bonds, as digital tokens that can be transferred using blockchain technology.

Friedman said institutional interest in tokenization has grown over the past year, pointing in part to the passage of the Genius Act in the U.S., which established a regulatory framework for stablecoins.

"If we can tokenize money, then we can tokenize the flow of capital," she said.

That growing institutional interest is converging with demand from retail investors, who have long sought the ability to trade around the clock, according to Friedman. The retail ecosystem "has been about 10 years ahead," she said.

Moving to a fully 24/7 market would be a major undertaking for the financial industry, Friedman said.

"The easiest part is the exchange infrastructure," she said.

Friedman said that financial institutions have traditionally had periods when markets are closed to update systems and manage risk. But operating around the clock would require those processes, including risk and collateral management, to take place continuously.

Artificial intelligence could help financial institutions manage that transition. Nasdaq has launched a series of digital agents within its risk management platform that initially provide recommendations, Friedman said.

Over time, banks could use those agents to take more direct action, she added.

Companies outside the U.S. are showing interest in tokenization and access to American capital markets, Arjun Sethi, co-CEO of cryptocurrency exchange Kraken, told CNBC.

Sethi pointed to a company generating roughly $25 million in revenue that was exploring ways to access capital markets, as well as larger international companies interested in tokenization and U.S. public listings.

He said tokenization could help expand access to capital markets for companies around the world.

However, round-the-clock trading may not be suitable for everything, according to Friedman.

"Not every asset is liquid enough to support a 24/7 environment," she said.

Still, greater connectivity across the global financial system could also open up access to asset classes that were previously out of reach for some investors, Friedman said.

Kaynaklar

• CNBC - World