Institutional Interest in Tokenization Soars Despite Bitcoin Volatility

Despite the volatility of Bitcoin’s price, institutional interest in crypto technology continues to grow, particularly in tokenization. Thomas Cowan, head of tokenization at Galaxy, spoke at The Bridge conference in New York City about this trend, highlighting a clear shift away from solely focusing on Bitcoin price fluctuations. According to Cowan, recent months have seen increased interest in tokenization, independent of Bitcoin’s prices, with financial institutions recognizing the potential benefits of blockchain technology for managing assets.