Dragonfly's Haseeb Qureshi: The Biggest Digital Assets Bull Market Has Started (Here's How I’m Positioned)

Haseeb Qureshi joins to catch us up on his portfolio, why he's extremely bullish on perps, tokenization, and prediction markets.

He explains how more than half of Hyperliquid's volume is already real-world assets, which means the competitor isn't Coinbase, it's ICE and the Nasdaq, and the addressable market is enormous by comparison. He ranks the big categories Dragonfly is allocating $4 billion across, calls vaults the weakest of them on defensibility, and explains why perps beat tokenization over the next year even if that reverses in five. He also breaks down why every state attorney general is suing prediction markets, and why this ends as a Supreme Court vote.

Haseeb Qureshi is a Managing Partner at Dragonfly, a digital assets venture capital firm.

The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.

Timestamps:

00:00 Intro

02:21 Perps Are Still Only 1% Of Derivatives Mkt

04:17 Hyperliquid Is Trying To Be The Nasdaq

06:13 RWA Volume Already 50% Of Hyperliquid

08:27 Hyperliquid Cracked The UX Code First

10:33 Variational RFQ Model Vs Order Book

12:44 Polymarket Vs Kalshi Supreme Court Battle

16:00 Prediction Markets Advertising Blitz Explained

18:14 Kalshi Suing States To Get To Supreme Court

20:43 NEAR Account Abstraction For Every Chain

22:57 Zcash Is The Rebel Response To Bitcoin ETFs

24:59 Prediction Market Growth Curve Not Over Yet

27:23 Wash Trading On Kalshi CFTC Investigation

28:13 Haseeb Personal Investor In Zcash Wallet

29:19 Make Money Then Hide In Privacy

Guest Socials:

Haseeb X: https://x.com/hosseeb

Dragonfly X: https://x.com/dragonfly_xyz

Dragonfly Website: https://www.dragonfly.xyz/

Partners:

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Learn more here: https://www.zama.org/

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