The traditional 9-to-5 banking day is officially dying, says Morgan Stanley executives. They attribute this shift to the rise of tokenization and 24/7 markets, which are reshaping the finance industry.
According to reporting from CoinDesk, this change is making always-on banking a reality. The increasing availability of financial services around the clock is transforming the way banking is conducted.
This shift towards always-on banking is a significant change from the traditional banking model, where services were only available during set hours. The rise of digital technologies and tokenization has enabled the creation of 24/7 markets, further contributing to this transformation.