Crypto Is ‘Capitalism 2.0’, Not Just Web 3.0, Says Helius CEO

Industry leaders describe crypto as a major change to the current financial system, not just the next phase of the internet.

  • Mert Mumtaz, CEO of Helius, claims crypto will reshape capitalism by providing more transparency and direct asset ownership.
  • U.S. regulators, including the SEC and CFTC, have signaled plans for 24/7 trading markets that connect traditional finance with digital assets.
  • Tokenized assets, such as stocks and real estate, are being developed for trading on blockchains, supporting always-on digital markets.
  • Major blockchain companies and financial firms are launching new tokenized products, showing rapid growth in internet-based capital markets.

Industry experts say that cryptocurrency is more than just an extension of the internet. They believe it is transforming how people own assets and interact with the financial system. This change is gaining attention as U.S. regulatory agencies explore enabling financial markets to operate all day, every day.

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Mert Mumtaz, CEO of Helius, stated that crypto enhances core parts of capitalism, such as transparency, free information flow, and secure property rights. He described crypto as a foundation for a new kind of global market, rather than simply being known as “Web 3.0.”

According to Mumtaz, “Crypto’s endgame will be that it fundamentally evolves the most impactful human invention of all time: capitalism. We said crypto was Web 3.0, but that undermines it — it is actually capitalism 2.0.”

In September, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) released a joint statement exploring the idea of 24/7 trading in U.S. markets. The statement explained that trading in assets like cryptocurrency, Gold, and foreign currency already happens around the clock. Officials said expanding this to traditional stocks and financial products could help the U.S. align with global markets and a digital economy.

The agencies also indicated that new rules could cover continuous futures contracts and event prediction markets. These changes might speed up the shift to tokenized assets—these are digital versions of real-world assets like stocks, bonds, real estate, or even collectibles, recorded on a blockchain for secure trading.

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The Solana Foundation announced a plan to develop online capital markets through 2027. Meanwhile, brokerage firms such as Robinhood have started offering tokenized versions of stocks in Europe, making it easier for investors to access markets at any time.

These ongoing changes reflect a broader move towards digital financial systems. If regulators approve, traditional financial markets may eventually operate continuously, using technologies like blockchain for greater automation and transparency.

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