“Institutional adoption” is not a mission—it’s an extraction strategy.
By Meltem Demirors
Translated by Saoirse, Foresight News
Institutions have finally “entered crypto”—but they’re not here to bail the industry out.
They’re here to turn the crypto economy into a fee-generating cash flow engine for scaling their assets under management (AUM).
This is neither judgment nor criticism—just an observation of reality.
Note: My remarks below focus primarily on crypto assets as tokens/digital currencies—not necessarily on blockchains as financial infrastructure (which can function without tokens; indeed, most current DeFi governance tokens demonstrate precisely this point).
I’ve held this view since last year’s Digital Asset…
