
Tokenized Stocks, Perpetuals, and the Next Layer of Crypto Trading Infrastructure
Digital asset markets are entering a new phase. For years, crypto exchanges competed mainly on asset listings, user acquisition, and trading volume. But the market is changing. As tokenized stocks, index-linked perpetual futures, pre-IPO derivatives, and multi-asset trading products move closer to mainstream adoption, the real competition is shifting underneath the user interface. The next battleground is infrastructure. From Crypto Trading to Multi-Asset Market Access Recent market developme...

Tokenized Stocks, Perpetuals, and the Next Layer of Crypto Trading Infrastructure
Digital asset markets are entering a new phase. For years, crypto exchanges competed mainly on asset listings, user acquisition, and trading volume. But the market is changing. As tokenized stocks, index-linked perpetual futures, pre-IPO derivatives, and multi-asset trading products move closer to mainstream adoption, the real competition is shifting underneath the user interface. The next battleground is infrastructure. From Crypto Trading to Multi-Asset Market Access Recent market developme...