Crypto Exchanges Erupt into Traditional Finance with Explosive Growth

A seismic shift is underway in the financial world as crypto exchanges like MEXC are trading AI stocks and ETFs, blurring the lines between traditional finance and cryptocurrency.

The exchange's trading volume for stock-based futures exploded by 105% in May, outpacing the broader crypto derivatives market's modest 1.1% gain during the same period.

Futures contracts for semiconductor giant Micron (MU) skyrocketed by an astonishing 1,002%, while other key players in the artificial intelligence supply chain saw similar meteoric rises.

This trend is driven by the ongoing AI boom and the insatiable demand for high-bandwidth memory (HBM), a critical component for training large AI models. Traders are following the supply chain and betting on companies providing essential hardware.