Jefferies said it expects a new wave of crypto and blockchain-related public listings as institutional adoption of digital asset infrastructure accelerates across Wall Street and the payments industry.

In a report published after its first Digital Assets Investor Conference in New York, Jefferies said it expects a surge of crypto-related public listings over the next two years and believes the sector could grow into a $1 trillion public market within five years.

The conference, which gathered executives from 35 digital asset companies alongside roughly 150 institutional investors, focused less on bitcoin price speculation and more on how blockchain systems are increasingly being integrated into traditional finance.

Jefferies said…