Finance2 sources

Chip-stock bets lost $52M in 10 minutes with Wall Street shut

  • A 10-minute flush in chip-stock contracts resulted in a loss of $52 million.
  • The incident occurred while U.S. markets were shut, leaving traders without real share prices.
  • The glitch affected round-the-clock chip-stock contracts.
  • No further details on the cause or response to the incident are provided.
  • Large banks are exploring tokenization as a growth opportunity.
Chip-stock bets lost $52M in 10 minutes with Wall Street shut | Split Angle