BTC $81,530 -0.04% ETH $2,418 +0.28% BNB $717.02 -0.53% XRP $1.30 -0.08% SOL $104.00 +0.40% BTC $81,530 -0.04% ETH $2,418 +0.28% BNB $717.02 -0.53% XRP $1.30 -0.08% SOL $104.00 +0.40%
Markets Via Cointelegraph.com News

Tokenized Stocks See 70% of Trading Volume Outside US Market Hours

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Tokenized stocks are attracting significant trading activity outside of traditional Wall Street hours, with over 70% of volume on BNB Chain occurring beyond the 9:30 am to 4:00 pm ET window, according to industry data.

Similar patterns are emerging on Solana and Base, where 63% and nearly 60% of tokenized stock trading, respectively, happens after hours. The trend highlights a key innovation of on-chain equities: the ability for global investors to trade across time zones without waiting for US exchanges to open. Data from RWA.xyz shows the total value of tokenized stocks has climbed 15% in the past month to nearly $3.3 billion.

In other market news, Bitcoin treasury firm Strive disclosed it purchased 3,311 BTC last week at an average price of roughly $84,500, increasing its holdings to 32,773 BTC. The purchase was funded by $208 million from investors exercising warrants.

Meanwhile, Bitcoin miners expanding into artificial intelligence face steep financing costs for large-scale data center projects, with borrowing terms varying significantly based on project risk and customer contracts.

Original reporting: Cointelegraph.com News