**[Bitwise: Traditional Finance Will Adopt 24/7 Crypto Trading Infrastructure Faster Than Expected]** According to a report by Golden Finance, Matt Hougan, Chief Investment Officer of Bitwise Asset Management, stated that after observing investors flocking to crypto platforms like Hyperliquid to trade tokenized assets during the U.S.-Israel attack on Iran, he has significantly moved up his expectations for the breakout of "on-chain finance." In an article titled *"The Weekend That Changed Finance"* published on Tuesday, Hougan noted that when the first attack occurred at approximately 3:30 AM (UTC) on Saturday, U.S., European, and Asian stock markets were all closed, while the crypto perpetual contract platform Hyperliquid became the trading hub for real-world assets (RWA) such as crude oil and tokenized gold. He said, "For most of Sunday, on-chain finance became the center of the global financial world." He added that he previously expected traditional markets to take another 5 to 10 years to fully transition on-chain, but now believes this shift will happen much faster. "This weekend proved me wrong. I am now convinced that this process will occur much faster than I imagined," Hougan stated, pointing out that blockchain's 24/7 uninterrupted trading mechanism makes traditional stock exchanges and the T+1 settlement system appear "obsolete." Hougan noted that most RWA trading over the weekend took place on the Hyperliquid platform, which recorded over $11.5 billion in trading volume on Saturday and Sunday. He also said, "When Bloomberg reported on crude oil's price reaction to the bombing incident, they cited Hyperliquid's crude oil contract prices, considering it the most relevant reference price."