More Than 70% of U.S. Tokenized Stock Trading Occurs Outside Regular Market Hours
More than 70% of trading volume in tokenized stocks tied to U.S. equities occurred outside regular U.S. market hours, Kaiko said.According to Kaiko, 71% of tokenized stock trading volume on Uniswap in September took place outside regular U.S. stock market hours. Nearly half of that trading occurred when U.S. exchanges were fully closed.Weekend price moves in tokenized stocks also appeared to foreshadow share-price moves after the U.S. market opened on Monday. In 20 of the 25 large price swings analyzed by Kaiko, weekend moves in tokenized stocks and share-price moves shortly after Monday's open were in the same direction.Meanwhile, tokenized stock trading volume on Robinhood Chain has surpassed that of most other blockchain networks.