Crypto Biz: Wall Street closes at 4. Tokenized stocks keep trading

Tokenization is beginning to reshape traditional financial markets, with stocks increasingly in focus. Much of the attention has centered on the $3.3 billion in tokenized equities now onchain, according to RWA.xyz, but one of the biggest innovations may be what happens before Wall Street opens and after it closes.According to the latest industry data, more than 70% of tokenized stock trading volume on BNB Chain now occurs outside regular US market hours, with similar patterns emerging on Solana and Base.Tokenized equities allow investors to trade US stocks across time zones without waiting for Wall Street’s opening bell, potentially changing how liquidity is distributed throughout the day.However, many platforms driving this activity remain off-limits to American investors, even as US regulators begin to make room for tokenized stock trading.This week’s Crypto Biz looks at tokenized stock trading, the economics of Bitcoin mining, proposed accounting rules that could make it easier for companies to treat stablecoins as cash equivalents, and Strive’s expanding Bitcoin treasury.Tokenized stocks find an audience beyond Wall Street’s trading hoursMost tokenized stock trading on Solana a...