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RWA trading surges on Hyperliquid as Dragonfly's Qureshi makes the multichain case

9/18/2026

Hyperliquid is in focus for real-world asset trading, and Dragonfly's Haseeb Qureshi is reading the surge as more than a platform-specific moment.

He made the case for a multichain future, arguing the uptick reflects crypto's broader maturation toward tokenized stocks, bonds, and other real-world assets.

Tokenized traditional instruments are a different proposition than native crypto.

A tokenized stock or bond carries the credit profile of its underlying issuer and rate sensitivity tied to conventional fixed-income markets, and its settlement requirements sit outside what on-chain venues have historically had to manage.

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