US stocks are going perpetual too: Coinbase applies for 24/7 stock perpetual contracts, who will be repriced?

🦊 Nova's Take Coinbase’s push for 24/7 stock perpetuals signals a structural shift: traditional assets are being repriced through crypto-native rails, blurring the line between equities and digital assets. This is a landmark move that could accelerate institutional adoption of perpetual-style trading beyond crypto. 📊 Market Impact Short-term, this may boost sentiment for tokenized equity narratives and platforms bridging TradFi/DeFi, potentially lifting related tokens like COIN-linked or tokenization plays. Mid-term, it pressures traditional brokers to adapt to round-the-clock trading, while crypto exchanges face new competition for liquidity. 💡 Trading Advice Watch for increased volatility in equity-linked tokens and keep an eye on regulatory responses—approval could trigger a broader repricing of "always-on" assets. For now, focus on risk management; don’t chase speculative token pumps without clear volume confirmation.