Wall Street chases crypto's 24/7 model as weekend TradFi perp volume hits $28B
- —Nasdaq to offer 23-hour U.S. equity trading five days a week starting December 6
- —Weekend TradFi perpetual futures volume on crypto exchanges jumped sixfold to $28 billion
- —Binance accounts for nearly half of that volume
- —Tokenized equities supply rose to $3 billion from $640 million at the start of the year (+369%)
Why it matters: Round-the-clock TradFi trading erodes crypto's 24/7 access edge, shifting competition to infrastructure and tokenization.
Source: AMBCrypto