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Pionex announced the availability of 24/7 trading for tokenized U.S. stocks and ETFs, highlighting its use of blockchain-based tokens that mirror real equity prices and provide continuous market access.
Pionex has detailed its system for 24/7 trading of tokenized U.S. stocks and ETFs by using blockchain-based tokens that track the prices of underlying equities. The information provided explains that these tokens are issued and redeemed through mechanisms involving custodians and on-chain liquidity pools, reflecting real asset prices during and outside of U.S. market hours, though actual shareholder rights are not granted. The broker notes that price deviation from the underlying stocks may occur under certain conditions, and liquidity can vary depending on market hours and on-chain pool activity.
Pionex is a cryptocurrency exchange established in 2019 in Singapore, operating under an MSB license from FinCEN. The platform features over 300 trading pairs, offers both manual and automated cryptocurrency trading—including 16 types of built-in bots—and supports leverage and margin trading. For further details, read the broker profile on Traders Union.
In our earlier news about Pionex, we reported on the platform surpassing $2.5 billion in tokenized stock market capitalization and its expanding range of tokenized equities, ETFs, and commodities. For details on these milestones and Pionex’s continued growth, see our previous Pionex update on Traders Union.