Arthur Hayes, the CEO and co-founder of BitMEX, an exchange which has done almost $1 trillion in volume over the past year, spoke on the most recent episode of Laura Shin’s Unchained podcast from the CME Global Leadership Conference in Naples, Florida. Shin asked her guests what they thought the future of blockchain technology would look like.
Hayes went first, telling the story of how he had gotten involved in crypto trading. Hayes worked at Citi Bank until May, 2013. He said that when he lost that job, he got into trading Bitcoin for a living. During that time, he got into derivatives trading. About 8 months after losing his job is when he co-founded BitMEX, in January of 2014.
Then he said that he believes in the future, 24/7 trading, as we have in crypto markets but not in most stock markets, will become the norm.