Crypto promises ‘institutional adoption’. What does that mean?
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Yesterday marked the end of Blockworks’ Digital Asset Summit, where attendees seemed doggedly bullish on the reality of institutional crypto adoption — but somewhat vague on the particulars.
The Solana faithful showed real belief in stablecoins — the network’s co-founder Anatoly Yakovenko during our panel called them “the most disruptive thing that crypto’s built.” There was also real belief in spot SOL ETFs gaining the SEC’s approval as soon as CME futures — and the first SOL futures ETFs — began trading. But above all, I left with the impression that crypto can be imprecise when it refers to institutions.
Institutional…