According to Foresight News, at the Consensus Hong Kong 2025 conference, Wintermute CEO Evgeny Gaevoy discussed the evolving landscape of cryptocurrency adoption in the United States. Gaevoy noted that as the U.S. gradually embraces cryptocurrencies, the risk-averse attitude of traditional institutions is likely to diminish. He projected that the asset tokenization market could reach a scale of hundreds of billions to trillions of dollars, with assets being used as collateral or margin. Gaevoy also highlighted that increased participation in the market would enhance liquidity depth. Additionally, he expressed hope that regulatory developments in the crypto sector would drive changes in market pricing.