Zeros

When Wall Street Wants 24/7 Trading But Won't Share Their Toys The SEC is reportedly developing a plan to let tokenized stocks trade on blockchain, and the reason is both predictable and slightly absurd: traditional financial institutions want to trade around the clock . They've been pushing the regulator to greenlight always-open markets, because apparently waiting for market hours is so 2019. But here's where it gets interesting: While everyone assumed tokenized stocks would be a massive windfall for the digital assets industry— particularly for networks like Ethereum — Dragonfly partner Rob Hadick is pouring cold water on that narrative. According to him, this whole thing might benefit traditional finance far more than it benefits cryptocurrency. The institutions want 24/7 trading and better economics, sure, but they don't actually want to play in the blockchain sandbox. The Great Leakage Problem Here's the part that should make any...