Institutional capital is flowing into digital markets. But it is not chasing speculative altcoins. Instead, it is targeting tokenization, custody, and on-chain infrastructure.

That was the clear message from a recent BeInCrypto Digital Summit panel, where executives from across exchanges, infrastructure, and tokenization platforms discussed how traditional finance is approaching crypto.

The discussion featured Federico Variola, CEO of Phemex; Maria Adamjee, Global Head of Investor Relations and Market Structure at Polygon; Jeremy Ng, Founder and CEO of OpenEden; and Gideon Greaves, Head of Investment at Lisk.

Maria Adamjee, Global Head of Investor Relations and Market Structure at Polygon, said institutions are no longer…