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Most Trading of Tokenized Stocks on Solana and BNB Chain Occurs Outside US Market Hours

Cointelegraph · Sam Bourgi

Most trading volume for tokenized stocks on major blockchains now takes place outside traditional US market hours. Blockworks data shows over 70% of trading volume on BNB Chain happens beyond the 9:30 a.m. to 4 p.m. Eastern session, with 63% on Solana and nearly 60% on Base. This trend indicates growing investor preference for around-the-clock trading, highlighting one of blockchain’s potential key advantages for equities.

After-Hours Trading Trends in Tokenized Stocks

According to The Kobeissi Letter citing Blockworks data, over 70% of tokenized stock trading volume on BNB Chain occurs outside of traditional U.S. market hours. On Solana, this figure is about 63%, and nearly 60% on Base. Solana-based trading platform Jupiter reported a 50% month-over-month increase in tokenized asset trading volume. These figures indicate that investors primarily use tokenized stocks to trade when conventional U.S. exchanges are closed, rather than merely mimicking market activity during regular hours.

Growth in Tokenized Stock Values and Key Issuers

Tokenized stock values have risen 15% in the last 30 days to nearly $3.3 billion, as reported by RWA.xyz. A significant portion of this market capitalization is held by issuers such as Ondo Global Markets, xStocks, and bStocks. Their tokens are issued and traded across multiple blockchains, reinforcing their presence in the tokenized equities space.

US Regulatory Developments Supporting Onchain Stock Trading

This expansion of 24/7 trading is accompanied by regulatory advancements in the United States. Last month, the Securities and Exchange Commission (SEC) introduced an 'innovation exemption' that permits qualified trading venues to offer tokenized U.S.-listed stocks on public blockchains. SEC Commissioner Mark Uyeda emphasized that participating platforms must disclose transaction data in U.S. dollars—including prices, sizes, timestamps, and daily volumes—and provide liquidity pool addresses and balances. Unlike existing products such as xStocks and Ondo Global Markets, which are generally inaccessible to U.S. investors, this exemption enables compliant venues to offer tokenized U.S. equities domestically, provided they maintain shareholder rights and fulfill trading and disclosure requirements.

Why it matters

This news highlights that stock tokenization on blockchains is reshaping traditional trading patterns in the U.S. by enabling investors to trade around the clock, unrestricted by conventional exchange hours. It signals a significant potential for more open and accessible equity markets where liquidity and activity extend into previously dormant timeframes. The SEC’s regulatory steps to accommodate these products demonstrate an increasing integration of crypto technologies into traditional finance, likely fostering further innovation and expanding institutional participation in tokenized assets.

Prepared from the source material with AI-assisted editing and checked against the supplied facts.

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