PANews reported on October 11th that Blue Ocean, an over-the-counter (OTC) trading platform supporting overnight trading in US stocks, announced on Friday that it is advancing blockchain-based stock issuance, becoming the latest trading venue to make a significant bet on tokenization. During the global market sell-off last August, the shortcomings of the existing overnight trading infrastructure came into sharp focus. At the time, Blue Ocean's alternative trading system, used to match buyers and sellers, collapsed due to capacity constraints. In response, the company increased its system capacity by hundreds of times in the following weeks. The alternative trading system (ATS) operated by Blue Ocean provides enhanced trading capabilities for Robinhood, Charles Schwab, Interactive Brokers, and Webull Securities.


