# Is Tokenization the Next Big Macro Shift? Page: https://stenobird.com/podcast/ibkr-podcasts-5831457/is-tokenization-the-next-big-macro-shift Text version: https://stenobird.com/podcast/ibkr-podcasts-5831457/is-tokenization-the-next-big-macro-shift.md Podcast: [IBKR Podcasts](https://stenobird.com/podcast/ibkr-podcasts-5831457) Published: 2026-04-30T16:32:31+00:00 Episode link: https://interactive-brokers-podcast.podbean.com/e/is-tokenization-the-next-big-macro-shift/ Audio file: https://mcdn.podbean.com/mf/web/v6w99y2mn775hi5q/pod-20260423-nasdaq_final_disclosures_mixdown.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/ibkr-podcasts-5831457/episodes/is-tokenization-the-next-big-macro-shift Duration seconds: 1271 ## Resource In this IBKR Podcast Episode, Michael Normyle from Nasdaq joins us to explore how tokenization is transforming collateral, liquidity and the speed of modern markets. Join us as we unpack what this shift could mean for investors and the future of finance. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/ibkr-podcasts-5831457/episodes/is-tokenization-the-next-big-macro-shift/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/ibkr-podcasts-5831457/is-tokenization-the-next-big-macro-shift.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.