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The Crypto Tape – RWA Perps with Alvin Hsia of Ventuals

Alvin Hsia, co-founder and CEO of Ventuals, joins Frank Chaparro for a conversation about building perpetual markets for real-world assets and bringing on-chain leverage to a non-crypto audience.

Alvin spent six years at Airbnb before going through DeFi summer in 2020 and eventually co-founding Ventuals, a Paradigm-backed perps exchange built on Hyperliquid. In two months, Ventuals has crossed $100M in cumulative volume with markets on SpaceX, OpenAI, Anthropic, and public sector ETFs.

In this conversation, Alvin breaks down why NYSE's move into tokenized equities is good for on-chain perp…

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