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First Squawk
@FirstSquawk
Firstsquawk Is a Global Financial (News) Squawk Service Specialising In Financial Markets, Macro, Geopolitics,politics
Joined July 2015
251 Following    560.5K Followers
Crypto’s Wall Street Moment: Stock & Commodity Trading Explodes to $778 Billion in August Trading in stock and commodity perpetual futures on crypto exchanges surged to a staggering $778 billion in August, accounting for roughly 23.5% of all perpetual-futures trading. That represents a dramatic rise from just 0.5% previously, highlighting how rapidly crypto platforms are expanding beyond Bitcoin and other digital assets into traditional-market exposure. The surge signals a growing appetite for 24/7 trading of assets tied to stocks and commodities through crypto infrastructure. The scale of activity suggests that crypto exchanges are increasingly becoming venues for speculation on traditional markets, potentially blurring the line between conventional finance and digital assets.
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