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Arca CIO Jeff Dorman Describes Binance, Hyperliquid as Stock Venues

He focused on tokenized equities and stock-linked derivatives. A prior SanDisk episode recorded $21.9 million on Binance and $3.1 million on Trade XYZ contracts listed on Hyperliquid.

Anonymous hands hold a blank share certificate before a closed exchange gate / TokenPost.ai
Anonymous hands hold a blank share certificate before a closed exchange gate / TokenPost.ai

Arca Chief Investment Officer Jeff Dorman characterized Binance and Hyperliquid as venues primarily for stock exposure, focusing on tokenized equities and derivatives tied to shares.

A prior episode involving SanDisk contract trading on Binance and Trade XYZ showed activity on Binance and Trade XYZ, which lists stock-tracking contracts on Hyperliquid. Binance recorded about $21.9 million in trades during the first minute, compared with $3.1 million on Trade XYZ. U.S. stock markets were closed, leaving no live share quotes to anchor the contracts.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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