With the CFTC putting the full force of law behind regulated perps, with the SEC bringing securities onchain, with SpaceX, the biggest IPO in history, about to pop, a new era of crypto is forming.
Until now, crypto has operated as a parallel financial system. Segregated assets, segregated markets, segregated users, and segregated products. We went from the ICO craze, to DeFi summer, to the proliferation of L1s, Ethereum Killers, L2s and the like, to the NFT boom, the memecoin mania, the perp DEX craze, and the rise of DATs.
As crazy as it once sounded, today, the old financial system is merging with the new one. And what follows is the next evolution in global market structure that will forever change the landscape for securities around the world.
It’s not about one blockchain or one token vs another. It’s about crypto making the leap into Modern Finance to grow the industry 100x alongside the largest pools of capital in the world. Finally, it’s time for the old guard to meet the new.
So what’s next?
The dawn of the crypto native stock broker.