

Former Barclays CEO’s Big Bet on Hyperliquid’s Explosive Growth | Bob Diamond & David Schamis
25 snips Sep 10, 2025
Bob Diamond, former CEO of Barclays and founder of Atlas Merchant Capital, and David Schamis, CIO and co-founder of the same firm, discuss their transition from traditional finance to the digital asset landscape. They dive into Hyperliquid’s rapid growth and innovative features like perpetual swaps and unique token buybacks. The conversation also touches on the regulatory environment for blockchain, the significant role of stablecoins, and how their firm is facilitating U.S. investors’ access to new financial opportunities.
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From TradFi Skeptics To Crypto Investors
- Bob Diamond and David Schamis describe moving from traditional finance into crypto after early exposure and cautious experimentation.
- They recount buying Bitcoin in 2015 and evolving from sceptics to active investors in blockchain businesses.
Permissionless Rails Cut Onboarding Friction
- Hyperliquid built permissionless rails that let other firms plug in without legal negotiation or custom partnerships.
- That design dramatically reduces distribution friction versus traditional finance integrations.
Composable Perp Infrastructure Enables New Markets
- Hyperliquid's HIP3 enables third parties to create bespoke perp exchanges using its backbone without providing capital.
- This could open markets like pre-IPO trading and improve price discovery for private companies.