Arthur Hayes, CEO of the Bitcoin Mercantile Exchange (BitMEX), the world’s largest cryptocurrency derivatives trading platform, says crypto markets will have a direct impact on how traditional assets are traded.
At the Milken Institute Asia Summit in Singapore, Hayes said traders in traditional markets will be getting less sleep in the future. Via Bloomberg,
“Some of the practices in our market are going to be mimicked in traditional trading. All these things are going to seep into the traditional way stocks, bonds and FX are traded…
Once you get away from that and understand that everything will be digital in the next 10 years, you realize that Bitcoin might become an important part of the future economy.”