Arthur Hayes on How Aptos Can Transform Traditional Finance

by Giorgi Kostiuk

2 years ago

Made with AI

Challenges in Traditional Finance
Eliminating Intermediaries
The Future of Aptos

Arthur Hayes, the founder of BitMEX, asserts that the Aptos (APT) network can address numerous challenges in the traditional finance (TradFi) sector. During his speech at the Aptos Experience conference held in Seoul, Hayes highlighted his experiences within the traditional finance sector, emphasizing its outdated and inefficient nature.

Challenges in Traditional Finance

Hayes explained that the inefficiencies he witnessed in traditional finance often stem from outdated practices. He noted the problematic nature of transactions that take one or two days for completion, questioning why in a world where data moves swiftly, financial transactions lag behind.

As an ETF issuer, you wouldn’t want to deal with all these issues, so you would move everything to an Aptos DEX. With a DEX, you get 24/7 trading and instant settlements.Arthur Hayes

Eliminating Intermediaries

Hayes argues that utilizing a DEX based on Aptos can eliminate unnecessary delays and intermediaries. This approach could resolve many issues for firms like BlackRock.

When you eliminate brokers, anyone with a wallet can be a broker. There’s no need for custodial services, as the chain itself provides storage or a user-friendly wallet.Arthur Hayes

The Future of Aptos

Hayes predicts that Aptos could surpass Solana in the current market cycle, potentially becoming the second-best Layer-1 blockchain within one to three years.

I will state this on the platform, and share more information later: Aptos will surpass Solana in the Layer-1 game.Arthur Hayes

As of the writing, APT is valued at $5.81, reflecting a 4.8% decline in the last 24 hours. Hayes’ insights illustrate how blockchain technology may lead to significant changes in traditional finance, with platforms like Aptos poised to redefine the operational efficiency of financial markets by removing intermediaries.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Tier I

Requires 25% Tier Progress to Claim

Meme Cache

Tier I

Requires 50% Tier Progress to Claim

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Tier I

Sector: #18291

25%

50%

75%

100%

Tier II

Survivors rescued:

0 / 600

Survivors

0/0

Transmit Signal

Broadcast this sector's coordinates to other rescuers.

Other news

MEXC's Tokenized Stocks and ETFs Experience 30% Growth

MEXC reported a 30% month-on-month increase in spot trading volume for tokenized stocks and ETFs, reflecting broad-based growth.

Kofi Adjeman10 hours ago

MEXC Reports Significant Growth in August Trading Data

MEXC reports significant growth in trading volumes across various asset classes in August 2026, with a 130% month-on-month increase in stock, index, and ETF Futures.