Tokenized Stocks Gain After-Hours Trading Demand
More than 70% of tokenized stock trading on BNB Chain occurs outside regular US market hours, compared with 63% on Solana and nearly 60% on Base, according to Blockworks data cited by The Kobeissi Letter. The figures suggest demand for round-the-clock access to tokenized stocks. Their total value rose 15% in 30 days to nearly $3.3 billion, while Solana-based Jupiter reported a 50% month-over-month increase in tokenized asset volume. The SEC’s innovation exemption could let qualifying venues offer tokenized US equities domestically, subject to shareholder-rights, trading and disclosure requirements, including reporting prices, trade sizes, timestamps, volume and liquidity-pool details. These developments indicate growing activity in tokenized stocks, but do not establish a clear price direction for SOL or BNB; availability and regulatory status also vary by issuer and market.
Neutral
The figures point to growing demand for tokenized stocks and round-the-clock trading, but they do not show that this activity is driving demand for SOL or BNB directly. In the short term, traders may watch for increased on-chain activity or follow-up regulatory announcements, but the data alone do not establish a reliable catalyst for either token’s price. Over the longer term, clearer rules and wider adoption could bring more activity to the relevant blockchain ecosystems. However, regulatory constraints, issuer-specific availability and competition among platforms could limit that effect. As neither summary reports a direct change in SOL or BNB fundamentals or a clear price signal, the expected impact on these cryptocurrencies is neutral.