Perpetual stock futures: Mike Novogratz points to a new growth vector for crypto

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Perpetual stock futures are establishing themselves as one of the next major movements in the cryptocurrency market, according to Mike Novogratz, CEO of Galaxy. The executive, recognized as an influential voice in Bitcoin and digital assets, identified these instruments as catalysts for expansion, particularly due to their ability to offer continuous trading without expiration dates and significant leverage.

Innovation on the rise: impressive numbers

The adoption of these derivatives is accelerating. Decentralized platforms are already offering perpetual futures of U.S. stocks with leverage of up to 50x, opening new possibilities for traders. A key indicator of this trend: Hyperliquid’s perpetual stock contracts recorded an impressive volume of nearly US$ 100 million just 24 hours after launch, signaling real demand for this type of exposure.

12 to 18 months opportunity?

Industry experts suggest that the upward trajectory of the global stock market could serve as a significant driver for the crypto ecosystem in the next year and a half. The potential correlation between stocks and digital assets promises to surpass even the growth observed in the stablecoin segment, paving the way for new participants and strategies.

Galaxy diversifies appetite

Mike Novogratz’s trajectory reflects this transformation. Galaxy, which went public on NASDAQ in May, now balances its efforts between developing crypto solutions and data center infrastructure for AI. This dual positioning suggests that major players in the sector are betting on multiple fronts of financial and technological innovation.

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