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⛓️ Crypto🟢 BullishImportance 6/10
TradFi to adopt 24/7 crypto rails sooner than expected: Bitwise
🤖AI Summary
Bitwise's Matt Hougan suggests traditional finance will adopt 24/7 cryptocurrency trading infrastructure sooner than anticipated. He referenced a recent weekend when investors flocked to Hyperliquid to trade during the Israel-Iran conflict, calling it 'the weekend that changed finance.'
Key Takeaways
- →Bitwise predicts accelerated adoption of 24/7 crypto trading rails by traditional finance.
- →Matt Hougan dubbed recent events 'the weekend that changed finance' due to increased crypto trading activity.
- →Investors used Hyperliquid platform to trade during the Israel-Iran conflict when traditional markets were closed.
- →The incident highlights crypto's advantage of continuous trading during global events.
- →Traditional finance may need to adapt to compete with crypto's round-the-clock accessibility.
#bitwise#tradfi#crypto-trading#hyperliquid#24-7-trading#israel-iran#traditional-finance#market-infrastructure
Read Original →via CoinTelegraph
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