Blue Ocean Focuses on Blockchain Technology to Drive Stock Tokenization Issuance

The U.S. over-the-counter trading platform Blue Ocean announced that it is actively advancing stock issuance based on blockchain technology, becoming the latest trading platform to bet on the tokenization of financial assets. During the global market sell-off last August, the company's alternative trading system (ATS), which supports overnight trading of U.S. stocks, experienced a crash due to capacity limitations. To address this issue, Blue Ocean increased the system's capacity by several hundred times within weeks. Currently, the platform's ATS provides enhanced trading services for Robinhood, Charles Schwab, Interactive Brokers, and Webull, aiming to further optimize trading efficiency and explore the potential applications of blockchain technology in the securities market.