Tokenized stocks are trading around the clock, with roughly 80% of Backpack's volume occurring on weekends when traditional exchanges like the NYSE are closed. The data, shared by Armani Ferrante, highlights how crypto-native price discovery is shifting away from legacy market hours. Price formation for tokenized equities now takes place on Solana spot and perpetual futures markets, enabling continuous trading independent of stock exchange schedules. Dividends on these tokenized instruments pay out in shares rather than cash, distinguishing their mechanics from conventional brokerage accounts.