Stork Says It Will Offer 24/7 Price Discovery for Stocks and Gold

The project says it will use Binance and other perpetual futures (crypto derivatives without expiry) markets to provide continuous pricing for traditional assets.

Summary

Stork says it aims to provide what it calls "true" 24/7 price discovery for stocks and gold by drawing data from Binance and other perpetual futures (crypto derivatives without expiry) markets. The announcement centers on using always-open crypto trading venues to generate continuous pricing signals for assets that typically trade on more limited schedules in traditional markets. In practice, price discovery refers to how markets determine an asset’s value through trading activity, and crypto-based derivatives markets can extend that process beyond standard exchange hours.

Terms & Concepts
  • Price discovery: The market process of determining an asset’s value through ongoing buy and sell activity.
  • Perpetual futures: Crypto derivatives contracts without an expiry date, often used for round-the-clock trading and price exposure.
  • Binance: A global cryptocurrency exchange whose trading markets are frequently used as reference points for digital asset pricing.