TREE NEWS update: Xiao Feng, chairman of Wanxiang Blockchain and HashKey Group, said in a Sept. 23 keynote at the 12th Blockchain Global Summit in Shanghai that asset tokenization and 24/7 trading will reshape global financial markets. He cited Nasdaq’s plan to launch 23-hour, 5-day trading on Dec. 6 and a CFTC chairman’s remarks that tokenization, on-chain finance, round-the-clock trading and stablecoins will change US finance more in ten years than in the past fifty.
Xiao Feng: Tokenization and 24/7 Trading to Reshape Global Finance
AI take
The notable shift here is rhetorical: a Chinese blockchain executive is anchoring his case for tokenization not in crypto-native arguments but in the stated plans of Nasdaq and a US regulator, effectively treating TradFi's own roadmap as validation. That framing matters for regulated venues and tokenization infrastructure providers, who gain a mainstream reference point rather than a purely ideological one. The open question is whether announced intentions — a single exchange's extended-hours schedule, a regulator's forward-looking remarks — translate into actual market structure, or remain aspirational signaling.
Generated by AI for reference only.
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