The New Era of the Stock Market with Nasdaq CEO Adena Friedman | All-In Summit 2025

Adena Friedman, NASDAQ CEO, joins a panel to discuss the evolution of NASDAQ beyond just a market, highlighting its growth in revenue and EBITDA. The conversation covers NASDAQ's role as an architect of modern markets, its involvement in the innovation economy, and its efforts to build trust in the financial system. Friedman announces NASDAQ's entry into tokenization, aiming for 24/7 equity trading and streamlining post-trade processing. The panel explores the convergence of traditional and digital markets, the potential for regulatory clarity in crypto, and the balance between public and private markets. They also delve into the role of the SEC, the importance of Fed independence, and potential risks in the markets, including commercial real estate and leverage.