Nasdaq CEO: Tokenized Bonds and Stocks Could Enable 24-Hour Trading
Adena Friedman told Singapore's TOKEN2049 that tokenization of government bonds, stocks and money market funds could free billions in capital.
Nasdaq CEO Adena Friedman said at Singapore's TOKEN2049 event that tokenizing government bonds, stocks and money market funds could enable 24-hour trading and free up billions of dollars of capital in financial markets, according to digitaltoday.co.kr.
Friedman said institutional demand for tokenization has grown over the past year, and that this trend partly influenced the passage of the US stablecoin regulation GENIUS Act.
In a separate item, a vulnerability in the XRP Ledger payment engine code that had existed since 2015 was disclosed and fixed in the 'xrpld 3.4.1' software update released on September 25. The flaw was reported on September 22 through a bug bounty program; more than 80% of the default UNL were already using the fixed or a higher version on the day of its disclosure.
Researcher Kayden Liao, who found the vulnerability, said a single attack could have generated about 184.5 billion XRP. Liao received the maximum bug bounty of $250,000.
On the hardware side, Apple is expected to introduce a redesigned entry-level MacBook Pro with an M7 chip in spring 2027, bringing the next-generation design to the lower-tier model about six months after the high-end versions.
Older context
Apple introduced the 14-inch design on high-end MacBook Pros in 2021, but only brought it to the entry-level line starting with the M3 model in 2023. The company has also published a support document since 2024 warning that some magnetic accessories can cause magnetic interference with iPhone rear cameras.
Quick answers
What did Nasdaq's CEO say about tokenization at TOKEN2049?
Adena Friedman said tokenizing government bonds, stocks and money market funds could enable 24-hour trading and free up billions of dollars of capital in financial markets.
When was the XRP Ledger vulnerability fixed?
It was fixed in the 'xrpld 3.4.1' software update released on September 25, after being reported on September 22 through a bug bounty program.
When is the entry-level MacBook Pro with an M7 chip expected?
Apple is expected to introduce a redesigned entry-level MacBook Pro with an M7 chip in spring 2027.