Wall Street wealth creation model is unsustainable for most participants: Hyperliquid CEO
Early Wall Street wealth-creation opportunities remain inaccessible to retail participants, but Hyperliquid’s perpetual contracts aim to democratize access, according to its CEO.
Wall Street’s traditional wealth-creation opportunities, such as company stocks, remain largely inaccessible to the investing public until they list on exchanges, meaning that retail participants miss the most significant pre-listing gains, according to Hyperliquid co-founder and CEO Jeff Yan.
“Some assets are only tradable by a few people for many orders of magnitude of its growth, and then ultimately tradable by the public only after all of the growth has been realized by a select few people with privilege,” said Yan during a Tuesday fireside chat at Token2049 Singapore.
While he saw this dynamic as a byproduct of the broader economy, Yan added that this wealth-creation model is not “sustainable.”
