More Than 70% of Tokenized Stock Trading on BNB Chain Takes Place Outside U.S. Market Hours
Key Takeaways
- •More than 70% of tokenized stock trading volume on BNB Chain takes place outside the traditional U.S. session of 9:30 a.m. to 4 p.m. Eastern Time, with Solana at 63% and Base at nearly 60%.
- •The tokenized-stock market expanded 15% over the past 30 days to nearly $3.3 billion, and Solana-based Jupiter reported a 50% month-on-month increase in tokenized-asset trading volume.
- •BNB Chain has become the first blockchain to surpass $1 billion in tokenized stocks and exchange-traded funds.
- •The SEC has introduced an innovation exemption for qualifying venues offering tokenized U.S. equities, while the CFTC chair has said markets must prepare for mass tokenization and 24/7 trading within the next decade.
- •Not all stock-linked tokens represent direct ownership of underlying shares, and the failed on-chain SpaceX IPO allocations illustrate a key structural risk for market participants.
More than 70% of tokenized stock trading volume on BNB Chain occurs outside the traditional U.S. stock-market session, according to data cited by BitcoinKE. The figure is 63% on Solana and nearly 60% on Base.
Traditional U.S. stock exchanges typically operate from 9:30 a.m. to 4 p.m. Eastern Time. The data highlights a potential feature of tokenized equities: digital representations of stocks can be traded beyond the operating hours of conventional exchanges.
The findings come as the tokenized-stock market continues to expand. According to RWA.xyz data, the market has grown 15% over the past 30 days to nearly $3.3 billion. Jupiter, a Solana-based trading platform, has also reported a 50% month-on-month increase in tokenized-asset trading volume.
A related BitcoinKE report said BNB Chain had become the first blockchain to surpass $1 billion in tokenized stocks and exchange-traded funds (ETFs). Another BitcoinKE report cited Robinhood as saying that approximately 25% of daily trading volume on busy days comes from outside regular market hours, a figure that shows demand for off-hours trading is not limited to tokenized venues.
BitcoinKE summarized the data in an X post, citing @MessariCrypto:
Tokenized stock trading is breaking beyond Wall Street’s trading hours. According to @MessariCrypto, trading outside the traditional (9:30 a.m.–4 p.m. ET) session accounts for: • BNB Chain: 70%+ • Solana: 63% • Base: Nearly 60% #Onchain markets are increasingly trading on crypto’s 24/7 schedule, not Wall Street’s. #TokenisedStock #OnChainStocks — BitKE (@BitcoinKE) October 14, 2026
https://x.com/BitcoinKE/status/2110252611374870768?ref_src=twsrc%5Etfw
The growth is occurring as traditional financial institutions and regulators move toward on-chain securities trading. The U.S. Securities and Exchange Commission has introduced an innovation exemption for qualifying venues that offer tokenized U.S. equities, subject to requirements including shareholder rights and market disclosures.
The Commodity Futures Trading Commission chair has said markets must prepare for “Mass Tokenization and 24/7 Trading” within “the Next Decade,” according to BitcoinKE.
However, tokenized stock products can differ in their legal structures and the rights they provide to investors. Not all stock-linked tokens represent direct ownership of the underlying shares. A BitcoinKE case study described the failure of on-chain SpaceX IPO allocations as a major underlying risk associated with tokenization. These structural differences are a key consideration for market participants evaluating stock-linked tokens, including those trading outside regular U.S. market hours.
