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Urbana Corporation Announces Blue Ocean Technologies, LLC
Globenewswire· 2025-10-14 16:57
Core Insights - Urbana Corporation's investee company, Blue Ocean Technologies (BOT), plans to integrate with the upcoming tokenized National Market System (NMS) equities solution, marking a significant step in modernizing trading systems [1][2] - BOT aims to enhance access to U.S. equities for global investors through technological advancements, with tokenization expected to facilitate continuous market operations [2] - BOT is currently the largest shareholder in Blue Ocean Technologies, holding approximately 38.8% of the company [1] Company Overview - Urbana Corporation focuses on financial services, information services, and innovative technologies, seeking investments for income and capital appreciation through public and private investments [4] - Blue Ocean Technologies operates as a fintech company that enables trading of U.S. National Market System stocks during non-traditional hours, specifically from 8:00 PM to 4:00 AM ET [5] Industry Context - The integration of tokenized trading initiatives aligns with the principles of fairness, transparency, and investor protection that define the current National Market System [3] - BOT's recent role as a data oracle operator on the Pyth Network allows it to publish real-time U.S. equities pricing to blockchain-based financial applications, further enhancing its technological capabilities [2]