Tokenized Stocks Gain Ground as Nasdaq Plans 23-Hour Trading

Tokenized stocks are attracting attention as Nasdaq prepares to introduce 23-hour weekday trading on December 6. Bitfinex cited International Monetary Fund research showing that 87%–99% of overnight tokenized equity price movements appeared in conventional securities within five minutes of market opening. In an October 23 report , Bitfinex noted that tokenized shares give traders constant access to financial markets when the blockchain market is trading, despite the stock market being shut down. Nevertheless, the IMF did not establish any causation between the tokenized markets and conventional stock prices.

Source: TronWeekly