📊 TradFi Giants Double Down on DeFi: Wall Street heavyweights UBS, Jane Street and Bank of Montreal are expanding their crypto footprints. Disclosures compiled by Bloomberg reveal 30 institutional firms hold a combined $75 million in U.S. Hyperliquid ETFs, signaling growing traditional finance interest in decentralized finance. Leading the pack is Brazil's Wealth High Governance Asset Management with nearly $24 million, followed by OLP Capital, UBS, BMO, and Jane Street. Together, these top five firms account for over 70% of the total reported institutional exposure.
Chenna Kesavan | Web3Share
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