Nvidia Tokenized on Crypto Rails as Wall Street Embraces 24/7 Trading

Nvidia, a Wall Street stalwart, is being treated like a crypto asset by investors. Tokenized equities and equity perpetuals are allowing for 24/7 trading, potentially reshaping how stocks are traded.

CoinMarketCap tracks 1,851 tokenized-stock instruments with roughly $2.3 billion in combined market capitalization and about $2 billion in daily trading volume. Tokenized stocks were turning over roughly 89% of their market cap daily, far above the turnover seen in Bitcoin or AI tokens.

The trend is not just limited to Nvidia; tokenized Nasdaq-100, Apple Inc, Micron Technology, Microsoft Corp, and Alphabet Inc products are also being traded on these digital rails. Equity perpetuals are expanding as well, with their share of Hyperliquid's perpetual volume rising from about 2% at the start of the year to roughly half.