金色财经|Oct 29, 2026 13:33
[Yanowitz: Drakenmiller's Investment in Trade.xyz Eliminates Professional Risk of Institutional Participation in On-Chain Markets] According to Jinse Finance, Blockworks co-founder Jason Yanowitz stated that in May 2020, Paul Tudor Jones publicly declared Bitcoin to be "the fastest horse on the track" (at a price of approximately $9,000), eliminating the professional risk for hedge funds buying Bitcoin, which subsequently rose tenfold in the following year. He pointed out that Stanley Drakenmiller's investment in Trade.xyz has the same significance for the entire on-chain capital market, with institutional participation risk now at zero. Yanowitz predicts that on-chain market trading volume could increase tenfold from this point, stating that the market is entering the next phase of a bull market.
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