Blue Ocean and eToro Pioneer Tokenized US Equities Trading
Blue Ocean Technologies, LLC, a fintech firm specializing in global trading and data, has announced its integration with an upcoming tokenized National Market System equities solution. This strategic MOVE positions Blue Ocean ATS as the first alternative trading system to facilitate tokenized U.S. equities trading. The firm leverages its experience as the first regulated U.S. equities venue operating overnight, viewing tokenization as a critical step toward 24/7 trading.
Meanwhile, eToro is rolling out tokenized U.S. shares, enabling investors to trade blockchain-backed versions of popular equities. The platform announced this alongside a new 24/5 trading schedule, expanding access to its 100 most popular U.S. stocks beyond traditional market hours. Tokenization is framed as a bridge between digital assets and traditional finance, promising to close gaps in the global trading ecosystem.
"Integrating with forthcoming tokenized settlement infrastructure represents the next frontier in our journey," said Brian Hyndman, CEO of Blue Ocean Technologies. "Tokenization has the potential to complete the 24/7/365 market." The proposed solution maintains existing investor protections while migrating settlement to a blockchain platform.