Nasdaq CEO Reveals the Next Era Of The Stock Market - Adena Friedman | All-In Summit

All-In Podcast

  • Sep 8, 2025
  • 28:21
  • Full Episode

(0:00) Introducing Adena Friedman (1:16) Nasdaq's business, expanding beyond a stock exchange (2:44) Big announcement! Nasdaq will offer tokenized securities, crypto going mainstream, the 24/5 trading schedule (7:21) How the IPO market can change to help companies go public faster (13:37) Evolution of markets: predictions, options, SPVs, secondaries (18:18) State of the stock market, role at the NY Fed, data issues at the Fed

Thanks to our partners for making this happen!

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Brief Summary

Adena Friedman discusses NASDAQ's growth, tokenization, IPO challenges, and the importance of regulatory clarity in financial markets.

Key points

  • NASDAQ's Growth. NASDAQ shares have seen a remarkable increase of 40% over the last year.
  • Adena Friedman: A Transformative Leader. Adena Friedman is recognized as one of the most influential women in finance.
  • Tokenization Announcement. NASDAQ announces the introduction of tokenization for equities, aiming for 24/7 trading.
  • The Importance of Public Markets. Adena highlights the significance of public markets for economic growth.
  • Challenges of Going Public. Adena discusses the burdens faced by companies when going public.
  • The Rise of Index Investing. Index investing is making the market more accessible and affordable for retail investors.

Tension

45/ 100Some tension

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