NASDAQ's Announcement on Tokenization of Stocks
By Dave Mabe
On this week’s episode of Line Your Own Pockets, we discuss NASDAQ's recent announcement of its initiative to tokenize all equities by next year.
What tokenization is and what that means for equities
How it affects settlement and paves the way for 24/7 trading
Prediction markets and positive externalities of betting ("Betting is a tax on bullsh*t.")
Dave proposed a bet to Michael based on the volume traded in the opening and closing crosses in the future
And much more...
-Dave