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SEC examines plans for around-the-clock trading as tokenized securities gain approval

The SEC discussed preparations for around-the-clock trading at an event held the same morning it approved tokenized securities, CoinDesk reported. The developments are relevant to markets tracking tokenization and extended trading access.

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SEC examines plans for around-the-clock trading as tokenized securities gain approval

The U.S. Securities and Exchange Commission examined preparations for around-the-clock trading during an event, according to CoinDesk. The discussion took place on the same morning that the regulator approved tokenized securities, linking two developments relevant to the expanding overlap between traditional markets and digital assets. Around-the-clock trading has long been common in crypto markets, while the SEC’s event focused on how such a model could be prepared for within the U.S. securities market. The source did not provide further details on the SEC’s implementation plans, timing, or the securities involved in the approval. The development is relevant to market participants tracking tokenization and trading-hour changes, including holders and observers of PRO, the token associated with Propy, and PROVE, the token associated with Succinct.

Source CoinDesk Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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