Galaxy CEO Mike Novogratz has identified perpetual equity futures as a potential major trend in the cryptocurrency market. In a recent tweet, Novogratz, a prominent Bitcoin investor, emphasized the appeal of perpetual futures, which allow for continuous trading without expiration and offer significant leverage. These instruments are gaining traction, with some decentralized exchanges providing U.S. stock perpetual futures with up to 50x leverage. The concept has already seen substantial interest, as evidenced by Hyperliquid's stock perpetual contracts reaching nearly $100 million in trading volume within 24 hours of their launch. Analysts suggest that the growth of global stock prices could become a significant driver for the crypto market over the next 12 to 18 months, potentially surpassing the growth of stablecoins. Galaxy, which went public on NASDAQ in May, is now concentrating on both cryptocurrency and AI data center infrastructure.