Tokenized Stocks Trade Beyond Wall Street Hours as Crypto Markets Expand

Tokenized equities are reshaping when and how US stocks are traded, with more than 70% of tokenized stock trading volume on BNB Chain now occurring outside the standard 9:30 am to 4:00 pm Eastern trading window, according to data cited by The Kobeissi Letter. Solana registers 63% of tokenized stock volume after hours and Ethereum layer-2 Base shows nearly 60%, underscoring that around-the-clock access is becoming a defining feature of onchain equities. Jupiter reported a 50% month-over-month increase in tokenized asset trading volume, while RWA.xyz data shows the total value of tokenized stocks climbing 15% over the past 30 days to nearly $3.3 billion.

The SEC's innovation exemption is opening the door for qualifying platforms to trade tokenized US-listed stocks on public blockchains under disclosure and shareholder protection requirements. However, existing offerings such as xStocks and Ondo Global Markets remain largely off-limits to American investors, limiting domestic participation in a market that is rapidly expanding across chains and time zones.

Meanwhile, Bitcoin treasury company Strive added 3,311 BTC to its holdings last week, an increase of more than 11%, funded by $208 million in proceeds from investor warrant exercises. The acquisition highlights the growing appeal of corporate Bitcoin accumulation strategies as institutional interest continues to build.

Separately, proposed accounting standards under consideration could make it easier for corporations to classify stablecoins as cash equivalents on their balance sheets, potentially accelerating enterprise adoption. The shift would lower friction for companies integrating stablecoin-based settlement and treasury operations, a development with broad implications for the intersection of traditional finance and digital assets.