Raoul Pal’s Crypto Conversion and Vision
Institutional capital rarely shifts without deep conviction, yet over the past five years, the reallocation toward digital assets has been unmistakable. Traditional finance has expanded its crypto exposure from roughly 36% in 2020 to more than 71% by 2025, which represents a relatively fast rate of adoption compared with many previous asset classes. This shift hasn’t just influenced how some institutions approach portfolio construction and assess emerging asset classes.
Few embody that transition more clearly than former hedge fund manager Raoul Pal. Once known for his global macro playbook and currency-cycle models, Pal has become one of the most influential voices arguing that blockchain networks are…
