Co-founder of Altius Labs: Wall Street trading firms are moving on-chain

Altius Labs co-founder and CEO Annabelle Huang stated that the Alpha of 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, while its supported project DoubleZero is seeking to commercialize its global private fiber and submarine cable network to reduce latency. Cumberland is providing real-time crypto market data for Pyth Network. Jane Street traded over $110 billion in cryptocurrencies in 2024 and recently hired the former infrastructure architect of Copper. As stablecoins and tokenization of real-world assets inject liquidity, the on-chain market size will continue to expand, and future Alpha will stem from the production, sorting, and monetization of block space.