Japanese Brokerage Rakuten Securities Invests In 24X Holdings for Round-the-clock US Trading

Rakuten Securities Holdings has invested in 24X US Holdings, a US-based fintech company developing 24-hour stock trading services, as the Japanese brokerage seeks to expand trading options for investors seeking flexible market access.

24X US Holdings, established in 2021, operates 24X National Exchange through its wholly owned subsidiary. The exchange is the first in the United States to receive Securities and Exchange Commission approval to provide 23-hour-a-day trading services on weekdays, addressing growing global demand for around-the-clock access to US markets that aligns with local daytime hours.

The partnership comes amid increasing international interest in US equities, particularly technology companies, with investors worldwide seeking investment opportunities that transcend traditional time zone constraints. 24X aims to launch its fair and transparent exchange in 2025 to expand investment opportunities for global investors seeking to participate in US company growth.

Rakuten Securities has positioned itself as an innovator in digital trading services. In April 2020, the company became the first among major online brokers to offer trading of domestic and US stocks from a single platform through its iSPEED smartphone trading app, followed by the MARKETSPEED II PC trading tool in August 2022.

The Japanese brokerage expanded its US equity services in December 2024 with the launch of a US Stock Lending Service, allowing users to earn interest income from US stocks they own. The service provides investors with additional options for long-term asset building beyond traditional trading activities.

Rakuten Securities Holdings established Japan Alternative Market Co., Ltd. (JAX) in September 2024 alongside several other securities firms as part of its commitment to providing innovative investment solutions. The proprietary trading system represents the company's broader digital infrastructure development strategy.

The investment in 24X forms part of Rakuten Securities' strategy to leverage synergies between its existing platforms and new technologies. The company plans to create opportunities for customers including more flexible trading hours, improved pricing and access to both small-lot shares and global investment products.

24X US Holdings is headquartered in Delaware and led by CEO Dmitri Galinov.  In a post on LinkedIn announcing the investment by Rakuten, Galinov said, “24X is thrilled to welcome a strategic investment from Rakuten Securities HD, a global leader with a proven track record of investing in innovative technology companies.”

Rakuten Securities launched in March 1999 and provides comprehensive financial brokerage services through its MARKETSPEED and iSPEED trading platforms. The company operates within the broader Rakuten Ecosystem, offering services such as Point Investment, Rakuten Card and Rakuten Cash to reduce investment barriers for individual investors.