Onchain markets create 24/7 price discovery, Jayendra Jog notes

Onchain markets create 24/7 price discovery, Jayendra Jog notes
Onchain markets drive equity tokenization

Jayendra Jog, co-founder and CEO at Sei Labs, argues that countries will eventually tokenize their equities due to the advantages offered by onchain markets, rather than by choice.

He explains that round-the-clock price discovery on blockchain networks surpasses what domestic exchanges can offer, drawing a parallel with the growth pattern of stablecoins, where pressure from innovative solutions forces incumbents to respond.

Jog has previously highlighted the role of market innovation in driving adoption. He stated that access to new markets is crucial for exchange growth and user attraction in crypto. More recently, he announced the launch of Sedna, a private transaction layer for Sei Network, which claims 90 percent privacy benefits with minimal overhead.

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