[Altius Labs Co-Founder: Wall Street Trading Firms Are Moving On-Chain] Odaily Planet Daily News – Annabelle Huang, co-founder and CEO of Altius Labs, stated that Wall Street trading firms' alpha is shifting from physical custody and nanosecond-level speed advantages to the use of on-chain infrastructure. Jump has leveraged its high-frequency trading expertise to develop the high-performance validator client Firedancer for Solana, and its supported project DoubleZero is seeking to commercialize its global private fiber and submarine cable network to reduce latency. Cumberland is providing real-time crypto market data for the Pyth Network. Jane Street traded over $110 billion in cryptocurrencies in 2024 and recently hired Copper's former infrastructure architecture lead. With stablecoins and real-world asset tokenization injecting liquidity, the scale of on-chain markets will continue to expand, and future alpha will stem from the production, sequencing, and monetization of block space.