NYSE's 24/7 Trading Proposal Could Enhance Stock Tokens Liquidity

Ondo Finance's Ian de Bode highlights how NYSE's 24/7 trading could resolve liquidity issues for tokenized stocks over weekends.

The New York Stock Exchange (NYSE) and Nasdaq are contemplating the implementation of round-the-clock trading for tokenized stocks, a move that could significantly address liquidity challenges during weekends. According to Ian de Bode, President of Ondo Finance, this initiative would be a remarkable improvement in the trading landscape.

In an interview with CoinDesk, de Bode expressed that the introduction of 24/7 trading would be a "godsend," particularly in alleviating the issues associated with thin liquidity that often arises during weekend trading hours. The proposal signifies a potential shift in how markets operate, especially for assets that are gaining traction in the digital space.