This week’s episode of Crypto Friday explored one of the most important shifts happening in global markets today: the growing convergence between crypto and traditional finance, and why gold has become a central part of that story.
Hosted by Pablo Monti, Brand Spokesperson at BingX, alongside Vivien Lin, Chief Product Officer at BingX, the episode also featured Lucas L., Head of Fiat Business at BingX, who joined to discuss how BingX is building a unified multi-asset trading ecosystem.
From Bitcoin to Gold: A Shift in Market Focus
The conversation opened on a personal note, with Pablo reflecting on two trading decisions he considers among his best: holding onto both his Bitcoin and his gold.
That contrast set the tone for the discussion. While Bitcoin has remained a long-term growth story, gold has surged to new highs, especially through late 2024 and into 2025. What stood out this market cycle is how quickly attention shifted, from crypto dominance earlier in the year to gold becoming one of the most discussed assets toward year-end.
This shift raised a key question: why now?
Understanding the Gold Rally
Vivien outlined several forces driving gold’s strong performance:
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Geopolitical uncertainty, from global conflicts to election cycles and trade tensions, has pushed investors toward assets with long-established defensive characteristics.
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Interest rate dynamics have played a major role. As central banks moved toward rate cuts, the opportunity cost of holding non-yielding assets like gold declined sharply.
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Central bank demand has intensified, with institutions increasing gold reserves to diversify risk, hedge inflation, and strengthen financial resilience.
At its core, the rally reflects a return to fundamentals: supply, demand, and the need for stability in uncertain times.
Why Multi-Asset Access Matters More Than Ever
As markets grow more complex, diversification has become less of a preference and more of a necessity. That theme naturally led into BingX’s expanding TradFi offering.
Gold perpetual futures, launched last year, have quickly become one of the most actively traded products on the platform. But gold is only part of the picture. BingX TradFi now encompasses a broad range of real-world assets, including silver, oil, gas, forex pairs, stocks, and indices, more than 60 underlying assets in total, unified under one trading framework.
The goal is straightforward: give users more choice, more flexibility, and better tools to manage risk across market cycles.
How TradFi Works On-Chain
Lucas explained that from a user perspective, trading tokenized real-world assets feels intuitive, especially for crypto-native traders. These products behave similarly to derivatives they already understand, but with exposure to traditional markets.
Tokenization is the real enabler. Instead of juggling multiple platforms for different asset classes, users can now manage crypto and TradFi exposure within a single ecosystem.
What differentiates BingX in this space is depth of integration:
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TradFi is embedded directly into futures and copy trading.
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The platform leverages its strong derivatives foundation to support professional-grade strategies.
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Costs remain significantly lower than traditional brokers.
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High flexibility, including leverage options, allows traders to execute diverse strategies efficiently.
TradFi and Crypto Are No Longer Opposites
The discussion then zoomed out to the broader financial landscape. Rather than competing, crypto and traditional finance are increasingly absorbing elements from each other.
On one side, traditional assets are being tokenized, becoming more accessible, divisible, and tradable beyond legacy market hours. On the other, traditional institutions are embracing crypto: holding digital assets on balance sheets, offering custody services, and launching crypto-linked investment products.
This convergence reflects a shared direction: more choice, greater efficiency, and broader access.
As Vivien emphasized, crypto was never about replacing traditional finance. It was about expanding access and empowering individuals, principles that align closely with today’s push toward multi-asset trading.
What Comes Next
Looking ahead, both Vivien and Lucas agreed that the industry is still in its early stages. Future traders are likely to move seamlessly across asset classes, viewing markets holistically rather than through rigid categories like “crypto” or “TradFi.”
For BingX, integrating TradFi with crypto is an ongoing mission shaped by community feedback and evolving market needs.
The episode closed with a call to the community: share what assets and features you want to see next, and help shape the future of multi-asset trading.
Missed the livestream? Catch the full Crypto Friday session to hear the discussion in depth and stay tuned for what’s coming next.
