The NYSE filed for 24/7 tokenized trading in January 2026, and Robinhood (NASDAQ:HOOD | HOOD Price Prediction) CEO Vlad Tenev has been asking for this since 2022. Robinhood is already the go-to platform for millions of investors and traders. Having the NYSE open to 24/7 trading instead of just during work hours, 5 days a week, would be a massive boost.
Tenev has been telling anyone who would listen since 2022 that the New York Stock Exchange should be open on Saturdays. For most of that time, the response from Wall Street ranged from polite condescension to active eye rolling. We’re likely to see this finally happen.
The NYSE filed plans for a blockchain-based platform that will facilitate round-the-clock trading for stocks and ETFs, fractional shares, and all of this will settle instantly on-chain. The Nasdaq had also proposed a 23/5 schedule a month earlier. This was then approved by the SEC. The Nasdaq plans to introduce this in the “second half of 2026”.
The current system can’t continue for too long
Investors are moving online with their trading, and the system we have now is very outdated. Very few people go to a broker in person. There’s no rationale for trading to be limited to work hours when people aren’t really needed at the office anymore. Most of it is automated, so it is only a matter of time before we see 24/7 trading, or at least something close to it.
Most retail investors have no idea how quickly the NYSE is trying to move forward with this. Robinhood is likely to be the biggest winner since it already launched tokenized U.S. stocks in the EU in June 2025. It offers more than 200 U.S.-listed equities with 24/5 trading, and has publicly committed to flipping that to 24/7 with DeFi access.
HOOD stock is the primary beneficiary
Robinhood makes its money from trading volume as it takes a cut from every trade made on its platform. If the NYSE starts trading 24/7, this is going to be an automatic windfall for the company. Companies worldwide will be able to trade U.S. stocks on the go. Even the domestic market will see a lot more action.
Robinhood acquired Bitstamp and Robinhood Chain while also having a joint venture with Susquehanna for prediction markets. Legal tokenized U.S. stocks will allow it to capture the market faster than anyone else. Schwab and Fidelity haven’t prepared anything that matches Robinhood. Plus, these legacy brokers have been losing market share anyway. With or without tokenized stocks, Gen Z and Millennial traders simply like the ease that comes with Robinhood.
Then there is the Trump Accounts pipeline. Robinhood is the sole initial broker and trustee for a federal program with over 60 million eligible American children, 5.5 million already enrolled.
Why I see HOOD stock as a solid play now
Q1 earnings missed estimates by three cents on EPS and by $100 million on revenue due to crypto trading collapsing. The crypto market has been having a rough time, even though the broader stock market has been gaining. This crypto decline is already priced into the stock as it has fallen by 53% from its October 2025 peak. Crypto was 17.8% of 2025 revenue, so a flat crypto market doesn’t matter if Robinhood can expand equity trading aggressively.
The NYSE 24/7 venue plus the Nasdaq 23/5 proposal expand the trading window from 32 hours per week to 168. If even just a quarter of those incremental hours generate meaningful retail volume, you are looking at a 30% to 40% expansion of the addressable trading day. It also helps that Robinhood’s customer base is younger, more active, and disproportionately international relative to peers.
A rebound to highs of $152 will more than double HOOD stock from here, but I see the stock going beyond that if 24/7 NYSE trading is paired up with a crypto rebound.
Thus, HOOD stock is a solid buy in my book.