Tokenized Stocks Shift Trading Activity Beyond Wall Street Hours

Tokenized equities are gaining traction as investors use public blockchains to trade exposure to US stocks beyond Wall Street’s traditional schedule. Data cited by Cointelegraph shows that after-hours activity is especially strong on Solana, where most tokenized stock volume now occurs outside regular US market hours.

After-hours trading becomes a core use case

More than 70% of tokenized stock trading volume on BNB Chain takes place outside the regular US trading window of 9:30 a.m. to 4:00 p.m. Eastern time, according to Blockworks data cited by The Kobeissi Letter. Solana and Base show similar patterns, with 63% of tokenized stock volume on Solana and nearly 60% on Base occurring beyond traditional market hours.

The figures suggest that continuous access, rather than simply putting stocks onchain, is becoming one of tokenized equities’ strongest selling points. Investors operating across time zones can potentially trade stock exposure before US markets open, after they close or during weekends, depending on the platform and asset design.

The broader market is expanding as well:

• The value of tokenized stocks rose 15% over 30 days to nearly $3.3 billion, according to RWA.xyz.
• Jupiter reported a 50% month-over-month increase in tokenized asset trading volume.
• Comparable after-hours activity is emerging across Solana, BNB Chain and Base.

Regulation and access remain constraints

The growth comes as an innovation exemption from the US Securities and Exchange Commission begins creating a path for qualifying platforms to offer tokenized US-listed stocks on public blockchains. Platforms would still need to meet disclosure and shareholder-protection requirements.

However, access remains uneven. Existing offerings such as xStocks and Ondo Global Markets are largely unavailable to US investors, limiting participation from the market whose equities underpin much of the activity. That restriction creates a gap between the potential of around-the-clock tokenized trading and the ability of US residents to use it directly.

A separate accounting proposal could also influence the infrastructure supporting tokenized markets. The Financial Accounting Standards Board is considering whether qualifying stablecoins could be treated as cash equivalents on corporate balance sheets. Companies may need direct redemption rights with issuers to qualify, meaning holdings purchased through an exchange would not automatically meet the proposed standard. Public comments are open until Nov. 19.

What This Means

For Solana, the data points to tokenized equities becoming a meaningful source of market activity outside conventional trading hours. The 63% after-hours share indicates that onchain markets may be competing less with exchanges during the US session than expanding when those venues are closed.

Near-term growth will depend on regulatory access, asset protections and reliable liquidity. If platforms can broaden investor eligibility while maintaining disclosure and redemption standards, tokenized stocks could make 24-hour market access a durable feature of the Solana ecosystem rather than a temporary trading pattern.