Recently, two events in the financial world have captured everyone's attention.
The New York Stock Exchange, a veteran player in traditional finance, suddenly announced the launch of 24/7 tokenized trading, directly giving an official stamp of approval to the RWA track. At the same time, the prices of gold and silver surged to new historical highs, becoming the most sought-after safe-haven assets worldwide.
You might wonder, why did the NYSE suddenly decide to do this? Basically, it's driven by the old problems of traditional finance—why can’t trading happen from Monday to Friday only? Why does settlement still have to wait T+1? These efficiency issues become particularly awkward in the face of blockchain technology.
So they thought of using blockchain technology to overhaul the entire trading system. Not to mention, the 24/7 nonstop trading alone is enough to break the time shackles of traditional finance. More importantly, the liquidity of tokenized assets can be directly improved, and costs can also be reduced.
The fact that gold and silver have broken historical highs is also interesting—traditional safe-haven assets and emerging tokenized assets are forming a kind of fascinating resonance, both telling the market in their own way: the value of real assets needs to be re-priced.
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DataOnlooker
· 01-22 04:00
The NYSE has really been pushed to the limit; the 24/7 trading system is defaulting to falling behind.
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NFTragedy
· 01-22 03:59
The NYSE's recent move was truly out of necessity. But speaking of which, can 24/7 tokenized trading really work? It seems like it depends on how the subsequent strategies unfold.
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Layer2Observer
· 01-22 03:58
Wait, will the NYSE really use blockchain to transform T+1, or is it just advertising? From an engineering perspective, the clearing logic here needs to be completely redesigned and requires further validation.
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DeFiChef
· 01-22 03:56
The NYSE is really pushed to the limit; otherwise, it would have gone on-chain long ago. Don't wait until now to realize the importance of 24-hour trading.
Recently, two events in the financial world have captured everyone's attention.
The New York Stock Exchange, a veteran player in traditional finance, suddenly announced the launch of 24/7 tokenized trading, directly giving an official stamp of approval to the RWA track. At the same time, the prices of gold and silver surged to new historical highs, becoming the most sought-after safe-haven assets worldwide.
You might wonder, why did the NYSE suddenly decide to do this? Basically, it's driven by the old problems of traditional finance—why can’t trading happen from Monday to Friday only? Why does settlement still have to wait T+1? These efficiency issues become particularly awkward in the face of blockchain technology.
So they thought of using blockchain technology to overhaul the entire trading system. Not to mention, the 24/7 nonstop trading alone is enough to break the time shackles of traditional finance. More importantly, the liquidity of tokenized assets can be directly improved, and costs can also be reduced.
The fact that gold and silver have broken historical highs is also interesting—traditional safe-haven assets and emerging tokenized assets are forming a kind of fascinating resonance, both telling the market in their own way: the value of real assets needs to be re-priced.