Breaking Cycles And Crossing Borders

At the end of last year, I predicted 2025 would be “the year of transformative follow-through” for digital assets, following major strides towards mainstream adoption in both the retail and institutional markets. That has played out in a number of ways: increased institutional allocations, more real-world asset tokenization, and pro-crypto regulatory and market infrastructure developments.

We’ve also seen the precarious rise of digital asset treasury companies (DATs). Since then, the prices of bitcoin and ether have risen about 15% as both assets have become more integrated into the traditional financial system and garnered wider adoption.

That…

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