Crypto asset management firm and ETF issuer Bitwise donated $233,000 to open-source Bitcoin developers in its latest annual contribution.

Blockchain-based trading platforms like Hyperliquid enabled traders to respond in real time to the attack on Iran on Saturday, showing why TradFi will move onchain, a Bitwise exec said.

Bitwise CIO Matt Hougan says the Iran attack weekend showed how onchain markets like Hyperliquid are becoming key venues for global trading.

Bitwise has made its second donation to open-source Bitcoin developers, with its latest $233,000, funded from gross profits from BITB, bringing the total tally to $383,000.

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