I have been closely monitoring how crypto derivatives have become fully integrated into Wall Street, and honestly, it's fascinating to see how the boundary that once separated these two industries has almost disappeared.

The interesting part is that CoinDesk, being a traditional crypto media outlet, is now part of Bullish, a digital asset platform focused on institutions. This is no coincidence. It precisely shows how the barrier between specialized media and financial infrastructure platforms has almost disappeared.

Now, what really has my attention is the possibility that stock perpetuals might become normalized soon. Think about it: if crypto derivatives are already operating alongside traditional products, why not stock perpetuals? The market already has the infrastructure, experience, and demand.

The reality is that the old model where crypto and traditional finance lived in separate worlds has almost disappeared. We are now in a hybrid ecosystem where derivatives flow freely between both sides. Stock perpetuals could be the next natural step in this convergence.

What once seemed impossible is now almost normal in the market. Definitely something to keep on your radar if you're watching where the global financial infrastructure is heading.