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Nasdaq CEO Adena Friedman states tokenization could release tens of billions of dollars in trapped capital by making financial assets more liquid. Speaking at the TOKEN2049 conference in Singapore, she noted institutional interest has grown over the past year following the Genius Act passage.
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Sources: Singapore-based data center operator DayOne seeks to raise up to $5B in a US IPO and plans to list its American depositary shares by the end of 2026 (Wall Street Journal)
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Sources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO (Robbie Whelan/Wall Street Journal)