“This year, we plan to create a trading environment without day or time constraints through tokenization of US stocks. We will be able to respond to events or news that occur over the weekend, and unlike the existing ‘T+1’ settlement cycle, we will be able to utilize funds immediately.” Brian Hyndman, CEO of Blue Ocean Technology, met with Money Today Broadcasting (MTN) at the Fairmont Hotel in Yeouido, Seoul
on the 26th and revealed this plan for tokenizing US stocks, which he presented as a key strategy for this year. Blue Ocean Technology is an American alternative trading system (ATS) that is currently providing US stock trading services to Korean investors from 9:00 AM to 5:00 PM (Korean time) in cooperation with domestic securities firms. Blue Ocean is planning a structure where stocks will be issued in the form of tokens if the US Deposit Insurance Corporation (DTCC) introduces a tokenization service. If an investor chooses tokenization before a transaction, token assets will be provided on the ledger, which will enable trading of US stocks outside of regular market hours. Hyndman explained, “Once DTCC launches its tokenization service in mid-2026, it will support trading in securities permitted under the U.S. National Market System (NMS).” This could expand the current 24/5 trading system to a 24/7, 365-day, 365-day system. This will enable risk management even on weekends or during global events, and allow for earlier use of stock sales funds compared to the existing T+1 settlement structure. Furthermore, investor protection measures have been put in place to address the expanded trading hours. He explained, “To prevent price distortion during low-liquidity hours, we are restricting market orders and only allowing limit orders.” Meanwhile, the Korean market is considered a key region for Hyndman’s Blue Ocean strategy. Hyndman stated, “Korea is a ‘first mover’ who actively participated in the U.S. daytime trading system. It was once a significant market, accounting for 65% of our total business, and it remains the most active country in overnight U.S. stock trading.” Blue Ocean’s current Asian trading is centered on overnight US stock trading, which occurs during daylight hours in Korea. Daily trading volume is approximately 130-140 million shares, a significant increase from approximately 30 million shares a year ago. CEO Hyndman predicted, “This volume will reach 200 million shares by the end of the year and further expand to 1 billion shares within the next three to five years.” Kim Da-sol, Money Today Broadcasting, MTN Reporter
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