Crypto’s 24/7 Markets Take Aim at Wall Street

What happened

Crypto is pushing traditional markets toward a world where trading never stops. Trade.xyz, a little-known market built on top of crypto exchange Hyperliquid, has generated roughly $500 billion in volume since launching in October, with perpetual futures tied to assets ranging from oil and gold to the S&P 500 and pre-IPO companies such as SpaceX. The platform and Hyperliquid are now pushing regulators to allow pre-IP…

Summary assembled by rule from the sources below

Timeline

1. 18:39
   First appeared on Bloomberg TechnologyBloomberg Technology

Sources