Tokenized equities are increasingly being used when traditional US stock exchanges are closed, suggesting that extended access—not simply moving existing trading activity onto blockchains—may be a central appeal of onchain stocks.
After-hours activity dominates
More than 70% of trading volume in tokenized stocks on BNB Chain takes place outside the regular US session, according to Blockworks data cited by The Kobeissi Letter. The traditional session runs from 9:30 a.m. to 4 p.m. Eastern time.
The pattern is also visible on other major networks. About 63% of tokenized stock trading on Solana occurs outside those hours, while the share on Base is close to 60%, according to the same data.
The figures indicate that users are turning to tokenized equities to trade during periods when conventional US exchanges are not open. Tokenized stocks are blockchain-based representations of equity exposure, allowing trading through digital-asset infrastructure rather than only through traditional exchange hours.
Jupiter, a major trading platform based on Solana, separately reported a 50% month-over-month increase in trading volume for tokenized assets. Cointelegraph reported the figures, citing the data from Blockworks and The Kobeissi Letter.
Tokenized equity market approaches $3.3 billion
The value of tokenized stocks has risen 15% over the past 30 days to nearly $3.3 billion, according to RWA.xyz data. A substantial share of that value is associated with issuers including Ondo Global Markets, xStocks and bStocks. Their tokens are issued and traded across different blockchains.
The growth offers an early indication of how blockchain-based equity markets may differ from conventional share trading. Instead of merely reproducing activity during the US trading day, these products are attracting transactions during evenings, weekends or other periods when Wall Street is closed.
That distinction matters because round-the-clock access is one of the main structural differences between blockchain markets and traditional exchanges. However, the data describes trading activity and market value; it does not establish how tokenized equities will develop over time.
US regulators begin opening a path
The expansion of tokenized stock trading comes as US regulators move toward allowing some onchain equity activity in traditional markets. Last month, the Securities and Exchange Commission introduced an “innovation exemption” for qualifying venues that want to trade tokenized US-listed stocks on public blockchains.
Under the exemption, participating venues must publish transaction information in US dollars. Required details include prices, trade sizes, timestamps and daily trading volumes. They must also disclose the addresses and balances of liquidity pools used by the venues.
The regulatory framework distinguishes these potential US offerings from products such as xStocks and Ondo Global Markets, which are generally unavailable to US investors. Qualifying venues using the exemption would be able to offer tokenized US equities domestically if they preserve shareholder rights and comply with trading and disclosure requirements.
Moneyiar market picture
Moneyiar market data at 8:33–8:34 p.m. on October 13, 2026, showed BNB at $741.3159440037, down 0.76% over 24 hours and 4.88% over seven days. Solana was at $107.2039665587, down 1.14% in 24 hours and 11.44% over seven days.
NEAR Protocol stood at $5.0369139799, down 8.52% over 24 hours and 2.57% over seven days. Walrus was at $0.0381992188, up 4.71% over 24 hours and 2.40% over seven days.
