Public cryptocurrency Their networks are the focus of traditional financial companies and banks for various businesses. As this interest continues to grow, the partnerships of today’s cryptocurrency startups with trillion-dollar giants are also expanding. Matt Savarese, head of digital assets at Nasdaq, says this is their top priority.
Crypto Stocks
More generally, tokenized assets are attracting the attention of all major financial companies. For example, BlackRock’s tokenized bond BUILD or products launched long ago by giants such as Franklin. These digital assets issued on public cryptocurrency networks bring the advantages of blockchain to traditional markets.
Matt Savarese, head of digital assets at Nasdaq, says they are focusing heavily on the exchange’s tokenized stock offering. SEC under the supervision of Nasdaq SEC, which wants to complete this process as quickly as possible. tokenization He wants to bring it into the mainstream in a responsible way.
Being able to easily access tokenized stocks from anywhere in the world will make investing easier for everyone. This move, which will increase accessibility and transparency, will also support the liquidity of stocks. Stocks that can be kept in cold wallets, just like cryptocurrencies, and stocks that can be offered by crypto exchanges, although all these negatively affect the liquidity in cryptocurrencies in the first period, crypto stocks are expected to support cryptocurrencies in general in the long run.
Expansion of Cryptocurrencies
Savarese thinks that other major exchanges can follow this path and work for “tokenized shares, blockchain-based exchange infrastructure.” Last month, Robinhood CEO Vlad Tenev said that tokenization would engulf the entire financial system and that they would all have to do it sooner or later.
Nasdaq and which cryptocurrency networks other early stage players will use and how of cryptocurrencies will be important in its expansion. Ethereum in tokenized treasury bonds 
$2,990.63 became the mainnet and support for other networks was added. If everyone continues to follow this path, liquidity in cryptocurrency networks, especially Ethereum, will increase rapidly. The second largest network is Solana and there are still discussions about the third network. Chainlink 
$13.00 While it stands out in infrastructure and data communication, it is also known that giant financial companies are working on their own layer2 solutions. We will experience and see this transformation over the years.
