Dragonfly’s Haseeb Qureshi sees crypto maturing toward tokenized real-world assets

real-world asset trading — Dragonfly Capital managing partner Haseeb Qureshi has pointed to a surge in real-world asset (RWA) trading on the Hyperliquid blockchain as evidence of crypto’s broader maturation toward tokenizing traditional finance.
In commentary reported by The Block, Qureshi stated that the growing activity reflects a significant shift for the industry. He highlighted the move toward tokenizing assets like stocks and bonds as a key development phase.
The executive made his case for a multichain future, suggesting that different blockchains will specialize in various asset classes and use cases rather than a single chain dominating all activity.
His observations come as institutional and retail interest in RWAs grows, with platforms experimenting with tokenized versions of traditional securities to bridge decentralized and conventional finance.
Original reporting: The Block