Chainlink Launches 24/5 Trading for US Stocks and ETFs
- Chainlink will support ETFs and US stocks trading for five days a week, enhancing market access.
- The new service aims to bring the $80 trillion US market on-chain, providing data like volumes and bid-ask prices.
- At least eight crypto protocols, including BitMEX and Lighter, are integrating these data streams.
- The NYSE is also developing a blockchain platform for continuous trading of tokenized assets.
- US regulators are exploring the potential for shifting markets to operate continuously, including the SEC and CFTC’s recent discussions.
Chainlink’s initiative reflects growing demand for around-the-clock trading of US equities, as traditional markets adapt to changing investor needs. The introduction of this service could significantly enhance liquidity in on-chain markets.
With at least eight platforms utilizing the new data streams, Chainlink’s move may pave the way for broader acceptance of blockchain-based trading solutions in traditional finance sectors.(Source)
