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The American platform Blue Ocean has disclosed that it is focusing on blockchain-based stock issuance.
PANews, October 11 – According to Reuters, the OTC Trading platform Blue Ocean, which supports overnight trading of US stocks, announced on Friday that it is working to advance Blockchain-based stock issuance, becoming the latest trading venue to make a major bet in the tokenization field. During the global market dumping in August last year, the flaws of the existing infrastructure for overnight trading were brought to attention. At that time, Blue Ocean's alternative trading system used to match buyers and sellers collapsed due to capacity limitations. In response, the company increased its system capacity by hundreds of times in the following weeks. The ATS operated by Blue Ocean provides enhanced trading capabilities for Robinhood, Charles Schwab, Interactive Brokers, and Webull.