TODAY: Chainlink announced it is working to enable financial institutions to connect to @swiftcommunity’s blockchain ledger through the Chainlink platform.
Swift moves the equivalent of the world's GDP roughly every three days ⬇️
Jeff predicted the Bitget situation back in 2023.
The Hyperliquid founder had already warned the community about potential risks, saying that Bitget could become the next FTX.
Ignoring the guy who built the antidote to FTX was a mistake.
Ironically, Bitget CEO tried so hard to damage Hyperliquid reputation after the $JELLY incident that she ended up getting a dose of karma and a partial confirmation of Jeff’s prediction.
~$350M in losses. Yes, the funds will reportedly be reimbursed, but this is still a clear hit to their fund.
Who’s losing users and trust now?
Another reminder that CEXs can be some of the riskiest places to trade:
• Hacks
• Loss of user funds
• Questionable listings
• Price manipulation
Pivot to Hyperliquid.
Listen to Jeff Yan.
Imagine holding these assets and being able to use them freely in DeFi, perhaps using them as collateral on @aave , while they work for you in the meantime.
The tokenizzation will bring so much value on the crypto world...
Will you be a part of it?
Introducing Ondo Intelligent Portfolios, the first three portfolios powered by BlackRock.
Ondo Intelligent Portfolios introduces a new onchain product category: curated investment portfolios delivered as single onchain transferable tokens.
The first three portfolios are based on portfolio strategies developed by BlackRock for Ondo, marking the first time eligible onchain investors can access exposure to such strategies through a single token.
1. BLKHIon: Ondo High Income Powered by BlackRock
2. BLKDIGon: Ondo Diversified Growth Powered by BlackRock
3. BLKGRWon: Ondo High Growth Powered by BlackRock
Diversified, professionally constructed strategies have historically required brokerage accounts and traditional fund structures. Now, delivered as peer-to-peer transferable tokens from Ondo, these onchain portfolios become accessible to eligible non-US investors in permitted jurisdictions through the wallets, exchanges, and DeFi applications they already use.
“Tokenization creates new ways for portfolio strategies to be delivered through digital infrastructure. Diversified portfolio strategies can be incorporated into tokenized investment products, enabling eligible investors to access diversified allocations through a single instrument. It shows how established portfolio construction approaches can be delivered through new channels and technologies.” - Lisa O’Connor, Global Head of the Model Portfolio Solutions team and Co-CIO for Global Solutions within the Multi-Asset Strategies group at BlackRock
Ondo Intelligent Portfolios can unlock novel capabilities:
→ Programmatic rebalancing
→ Full composability with DeFi
→ Complete transparency onchain
→ Multiple asset classes in a single token
This is just the start for Ondo Intelligent Portfolios. The infrastructure is now in place for leading financial institutions to bring their asset allocation expertise onchain.
Only 9 days left till Hyperliquid's revenue sharing deal with Circle fully kicks in.
This new revenue stream is going to add approximately $533,000 in additional daily buying pressure for $HYPE.
Very exciting times ahead.