Binance CEO Richard Teng recently addressed Wall Street, proclaiming that the next decade will see crypto deeply integrated into global financial systems, moving beyond the hype cycle. Instead of questioning whether to invest, institutions are now focusing on how to integrate crypto into their long-term strategies. 🤯 📈
Teng points to tangible evidence for this shift in mindset. Major players like Moody’s and Alphaledger have pioneered tokenized municipal bonds on the Solana blockchain, a first-of-its-kind experiment with embedded credit ratings by a leading rating agency.
Meanwhile, Strive Asset Management, co-founded by Vivek Ramaswamy, has invested $750 million in Bitcoin-linked debt, including claims from Mt. Gox. These are not minor investments; they signify a level of confidence in crypto as a legitimate long-term asset class.
Crypto Winter? Not Likely