Market Revolution: Chainlink Introduces 24/7 Trading for US Stocks and ETFs

Market Revolution: Chainlink Introduces 24/7 Trading for US Stocks and ETFs

Cryptocurrency companies and traditional exchanges are preparing for a fundamental change in stock and ETF trading. Chainlink, a company known for its blockchain infrastructure, has introduced a new service - continuous data streams, which will enable trading of US stocks and exchange-traded funds 24/7.

This innovation has the potential to transfer a portion of the approximately $80 trillion US stock market to the blockchain. Thanks to the new data streams, platforms will be able to support not only trading, but also lending or derivatives with tokenized stocks and ETFs outside of standard trading hours.

“US stocks have been underrepresented on the blockchain so far, trading mostly during limited hours. With our solution, we bring the possibility of continuous market monitoring,” Chainlink said. The demand for non-stop trading is growing not only among cryptocurrency platforms, but also among traditional exchanges, which are already starting to develop their own blockchain systems for 24/7 trading.

Eight crypto protocols, including BitMEX, ApeX and HelloTrade, are already actively using the new data streams. The New York Stock Exchange also announced the development of a blockchain-based platform for continuous trading and instant settlement of tokenized stocks and ETFs.

Regulators in the US are monitoring the situation and considering the possibility of non-stop markets. The SEC and CFTC have already begun to examine the implications of such a change. Chainlink claims that its service is just the beginning and plans to expand coverage to other asset classes and countries.

With the growing interest in global and non-stop trading, the very face of the stock and ETF market is changing. Whether it’s cryptocurrencies or traditional investments, Chainlink’s innovations suggest that the future belongs to constant data availability and transparency.

*This is not investment advice.

The Coingarage Team