Tokens: Everything, Everywhere, All at Once?

Nasdaq's white paper finds 52% of institutions expect to be using tokenized collateral by end-2026, signaling meaningful adoption within ~18 months. Broad tokenization could reshape collateral management, settlement and liquidity provision, creating opportunities for fintechs, custodians and trading platforms while raising regulatory and infrastructure priorities.

Analysis

Nasdaq's white paper finds 52% of institutions expect to be using tokenized collateral by end-2026, signaling meaningful adoption within ~18 months. Broad tokenization could reshape collateral management, settlement and liquidity provision, creating opportunities for fintechs, custodians and trading platforms while raising regulatory and infrastructure priorities.