Lighter Introduces 24-Hour Weekday Stock Trading Service
Lighter, an Ethereum-based perpetual futures exchange, launched a weekday 24-hour tokenized stock market on January 6, with plans to expand to 24/7 access soon.
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Fact Check
The statement is assessed as 'likely_true' with high confidence. This is based on consistent and direct evidence from five relevant and credible sources within the financial and cryptocurrency news sector. Reputable outlets such as The Block and CoinMarketCap, along with news services from Phemex and Bitget, all independently confirm that Lighter has launched a 24-hour, five-day-a-week trading service. The sources clarify that the service is for 'equity perpetuals,' a type of derivative based on stocks, which falls under the general description of a 'stock trading service.' There is no conflicting information among the relevant sources. The two irrelevant sources, a general market update from Charles Schwab and a press release about senior care, have no bearing on the claim and are disregarded.
Summary
Lighter, an Ethereum-based perpetual futures exchange, launched a weekday 24-hour tokenized stock market on January 6, 2025. The service removes time zone restrictions previously tied to U.S. trading hours and will expand to 24/7 access in the near future.
Terms & Concepts
- Tokenized stock market: A trading platform where stocks are represented as digital tokens on a blockchain, enabling decentralized trading beyond traditional market hours.
- Perpetual futures exchange: A trading platform for perpetual contracts that have no expiration date, allowing traders to hold positions indefinitely.