Crypto market structure is starting to spill into traditional finance.

In this episode of Ahead of the Curve, we look at Coinbase and Hyperliquid’s push to bring equity perpetual futures into regulated U.S. markets, the CFTC’s fight with CME over crypto perps, and Robinhood Chain’s rapid growth in tokenized-stock activity.

We also explore what happens when stocks become 24/7 programmable assets, including the strange liquidity dynamics created when memecoins are paired directly with tokenized equities.

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