NYSE and Nasdaq Advancing 24/7 Trading as Tokenization Accelerates in Traditional Finance, Sharplink CEO Says Ethereum May Diverge From Bitcoin Long-Term

SBET3.11%
ETH0.61%
MAY-4.51%
According to The Block, Sharplink CEO Joseph Chalom noted that the New York Stock Exchange and Nasdaq are pushing forward 24/7 trading, the Depository Trust & Clearing Corporation is advancing tokenized collateral, and Bullish's acquisition of Equiniti signals that public equity tokenization may progress faster than market expectations. Chalom added that over the past 18 months Bitcoin and Ethereum have behaved as risk assets, but as stablecoins, tokenized assets, DeFi and AI applications expand on Ethereum, the two may diverge further long-term.
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