How TradFi and Crypto Are Converging — And What It Means for Traders

Markets have modernized in almost every way, yet most traditional venues still close on nights, weekends and holidays. That gap is narrowing as crypto-native infrastructure brings TradFi futures—price-tracking contracts tied to assets such as gold and silver—onto systems built for continuous trading.

Platforms like Phemex are listing these contracts to keep price discovery and risk management running around the clock. Spot and futures markets operate differently. Spot trading involves buying the asset itself and often requires a chain of custody, legal ownership transfer and T+2 settlement, which depends on banks and clearinghouses being open.

Futures, by contrast, are derivatives that track price under contract terms and do not require physical settlement, so markets can function even when conventional infrastructure is closed.

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