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Bitwise\u2019s Matt Hougan called it the \u201cweekend that changed finance\u201d as investors clambered onto Hyperliquid to trade the Israel-Iran conflict.<\/p>\n
Bitwise chief investment officer Matt Hougan says he\u2019s drastically cut his estimates of when \u201con-chain finance\u201d will take off after seeing investors pile into crypto platforms such as Hyperliquid to trade tokenized assets amid the US-Israel attack on Iran.<\/p>\n
In a post on Tuesday titled \u201cThe weekend that changed finance,\u201d Hougan said<\/a> crypto perps futures platform Hyperliquid became the epicenter for trading real-world assets like crude oil and tokenized gold while the US, European and Asian stock exchanges were closed at the time of the first attack on Saturday at about 3:30 am UTC.<\/p>\n \u201cFor most of Sunday, onchain finance was the center of the financial world,\u201d he said, adding that he previously expected traditional markets to take five to 10 years to move onchain but now sees that shift happ<\/a>ening much sooner.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n