Cryptocurrency pioneer Mike Novogratz has proposed perpetual equities as the next significant growth avenue in crypto leverage, a concept he sees gaining traction in the current institutional market landscape. This idea blends traditional equity derivatives with blockchain technology, potentially expanding market size and liquidity while attracting both institutional and retail investors. Novogratz’s vision is centered around leveraging the appeal of ‘perp equities’ for capital expansion within the cryptocurrency sector. The announcement coincides with growing interest in on-chain financial products from institutions, fueling this potential shift. Galaxy Digital CEO Mike Novogratz highlighted the role of perp equities as a driver for market expansion and liquidity. He emphasized the integration of traditional equity and on-chain derivatives, which aligns with Galaxy’s focus on crypto and AI as major growth areas following their Nasdaq listing.