🕒 Tokenized stocks are already trading after the bell—but liquidity is still asleep

The IMF found that more than half of trades in tokenized U.S. stocks take place outside regular market hours, and around 80% of trades are for less than one share. More than 85% of overnight price movements are then reflected in traditional stocks during the first five minutes of trading—which means the on-chain market is already providing a useful signal. But these instruments are about 1.5 times more volatile than regular stocks and far less liquid: blockchain has given the market an overnight shift, but the order book still hasn’t filled out. What do you think—will 24/7 access outweigh the risks of fragmented liquidity?

Source: IMF, Global Financial Stability Report — https://www.imf.org/-/media/files/publications/gfsr/2026/october/english/ch3.pdf

Image: AI-generated illustration.

#RWA #Токенізація #Blockchain #IMF