Dragonfly Partner: Hyperliquid Expands the Market, Not Taking CEX Share; Crypto and AI to Integrate More Rapidly

According to ME News, on October 12 (UTC+8), Haseeb Qureshi, Managing Partner at Dragonfly, stated in a recent Space that Hyperliquid has limited user overlap with centralized exchanges, serving as a primary trading entry point for users who struggle to complete KYC or cannot access mainstream platforms. Despite Hyperliquid’s continued market share growth, trading volumes on centralized exchanges have not declined in tandem, indicating that both are collectively expanding the market rather than merely competing for existing share. Haseeb also expressed strong confidence in demand for pre-IPO stock trading and the crypto market’s performance over the next six to twelve months. He believes that by 2030, the boundary between “crypto VC” and traditional venture capital will blur, as crypto technology becomes increasingly integrated into fintech, digital banking, stablecoins, and consumer products. In the future, investment firms including Dragonfly will allocate more resources toward fintech, emerging technologies, and AI companies. He emphasized that the core competitive advantage of future investment firms will no longer be merely familiarity with the crypto industry, but rather a deep understanding of markets, access to industry resources, and the ability to help entrepreneurs solve real-world problems. (Source: ODAILY)