Crypto Biz: Tokenized Stocks Gain Traction After Hours
Ecosystem
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Latest News
Tokenized stocks keep trading after Wall Street closes
Tokenized stocks are gaining traction beyond traditional market hours, with a significant portion of trading volume occurring outside regular US trading windows. According to industry data, this trend is prominent on BNB Chain, Solana, and Base.
“More than 70% of tokenized stock trading volume on BNB Chain now occurs outside regular US market hours, with similar patterns emerging on Solana and Base.”
This development could change how liquidity is distributed throughout the day, offering investors the ability to trade US stocks across time zones. However, many platforms facilitating this activity are currently off-limits to American investors, despite US regulators' efforts to accommodate tokenized stock trading.
This edition of Crypto Biz delves into:
- Tokenized stock trading and its impact on market liquidity.
- The economics of Bitcoin mining and the challenges of AI expansion.
- Proposed accounting rules that could simplify stablecoin treatment as cash equivalents.
- Strive’s expanding Bitcoin treasury and recent warrant exercises.
Tokenized Stocks Beyond Wall Street
Tokenized equities allow investors to trade US stocks outside regular market hours, potentially revolutionizing liquidity distribution. However, American investors face limitations due to regulatory constraints.
“This week’s Crypto Biz looks at... tokenized stock trading... and Strive’s expanding Bitcoin treasury.”
Bitcoin Mining and AI
Bitcoin miners are facing costly AI expansion, adding another layer of complexity to an already competitive industry.
Stablecoins and Accounting
Proposed accounting rules could make it easier for companies to treat stablecoins as cash equivalents, potentially streamlining financial reporting for crypto-related assets.
Strive’s Bitcoin Treasury
Strive, a Bitcoin treasury company, increased its holdings by over 11% last week, expanding its crypto reserves and enhancing Bitcoin exposure per share. The company purchased 3,311 BTC at an average price of roughly $84,500 per coin.