Altius Labs Co-Founder: Wall Street Trading Firms Are Shifting On-Chain

Odaily News Altius Labs co-founder and CEO Annabelle Huang stated that the Alpha for Wall Street trading firms is shifting from physical custody and nanosecond 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 optic and submarine cable network to reduce latency. Cumberland is providing real-time cryptocurrency market data for the Pyth Network. Jane Street traded over $110 billion worth of cryptocurrencies in 2024 and recently hired the former head of infrastructure architecture from Copper. As stablecoins and the tokenization of real-world assets inject liquidity, the on-chain market size will continue to expand, and future Alpha will stem from the production, sequencing, and monetization of block space.