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MAVRICK13
MAVRICK13
WALL STREET'S OPENING BELL MAY BE LATE. An IMF study of tokenized U.S. stocks found 87–99% pass-through from overnight token returns to underlying shares within the first 5 minutes of regular trading. Over half of tokenized trading occurred outside market hours. About 80% of trades were smaller than one share. The price-discovery clock is changing. So is the risk: tokenized shares showed ~1.5× traditional volatility. #DailyOrbit

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