Crypto Biz: Wall Street closes at 4. Tokenized stocks keep trading
RWA Signal Insight
StocksTokenized equities are experiencing a significant shift in liquidity patterns, with over 70% of trading volume on BNB Chain occurring outside traditional Wall Street hours. Data from RWA.xyz indicates that the total value of tokenized stocks has climbed to $3.3 billion, representing a 15% increase over the past 30 days. Similar trends are observed on Solana and Base, where off-hours trading accounts for 63% and nearly 60% of volume respectively. This around-the-clock accessibility is emerging as a primary value proposition for onchain equities, allowing investors to bypass standard market windows. While the SEC has introduced innovation exemptions to facilitate the trading of tokenized US-listed stocks on public blockchains, many platforms like xStocks and Ondo Global Markets remain restricted for American investors. This development highlights a growing disconnect between global onchain liquidity and domestic regulatory access. The trend underscores the broader evolution of financial infrastructure, where blockchain technology is increasingly utilized to optimize market hours and capital distribution.
Key points
- Tokenized stock market value reached $3.3 billion, growing 15% in 30 days.
- Over 70% of BNB Chain tokenized stock volume occurs outside US market hours.
- Solana and Base report off-hours trading volumes of 63% and 60% respectively.
- SEC innovation exemptions allow tokenized stock trading subject to disclosure requirements.
Background
Tokenized stocks are digital representations of traditional equity shares issued on a blockchain, allowing for fractional ownership and 24/7 trading capabilities. These assets typically utilize smart contracts to manage ownership records, dividend distributions, and compliance requirements, effectively bridging the gap between legacy financial markets and decentralized ledger technology.