Tokenized stocks trade outside Wall Street hours; Strive buys 3,311 BTC
AI-generated briefing · First published
Over 70% of tokenized stock volume on BNB Chain occurs outside US market hours, while Strive adds 3,311 BTC to reach 32,773 holdings.
Tokenized equities on BNB Chain, Solana and Base now see most trading outside regular US hours, with over 70% of BNB Chain volume occurring beyond the 9:30 am-4:00 pm window, according to Blockworks data cited by The Kobeissi Letter. [1]
Strive purchased 3,311 BTC last week at an average $84,500 each, lifting its total to 32,773 BTC and making it the fifth-largest publicly traded corporate holder, funded by $208 million in exercised warrants. [1]
Major cryptocurrencies rose as the dollar eased on increased odds the Federal Reserve will hold interest rates steady this month. [2]
Sources
- Crypto Biz: Wall Street closes at 4. Tokenized stocks keep trading
Cointelegraph · · Full text
- Major Cryptocurrencies Mostly Higher as Dollar Eases
WSJ Markets · · Summary only