Altius Labs co-founder: Wall Street trading firms are moving on-chain
According to Odaily, Annabelle Huang, co-founder and CEO of Altius Labs, stated that Wall Street trading institutions' Alpha is shifting from physical custody and nanosecond-level speed advantages to the use of on-chain infrastructure. Jump has leveraged its high-frequency trading experience to develop the high-performance validator client Firedancer for Solana, and its supported project DoubleZero is seeking to commercialize its global private fiber and submarine cable network to reduce latency. Cumberland is providing real-time crypto market data for Pyth Network. Jane Street traded over $110 billions in cryptocurrencies in 2024 and recently hired Copper's former head of infrastructure architecture. As stablecoins and real-world asset tokenization inject liquidity, the scale of on-chain markets will continue to expand, and future Alpha will come from the production, ordering, and monetization of block space.
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