Institutions are no longer sitting on the sidelines when it comes to cryptocurrency. According to Binance CEO Richard Teng, the conversation has shifted from 'if' to 'how.' Teng shared his remarks in a short but widely circulated post on X. He stated that the next decade will not revolve around speculation but rather the full integration of cryptocurrency into traditional financial systems.
Evidence supporting his claims continues to emerge from major financial institutions. Moody's and blockchain company Alphaledger recently conducted a live test in which credit ratings were applied to tokenized municipal bonds. This has become the first leading credit agency to engage in publicly chain-encoded debt, as these bonds are issued on the Solana blockchain.
Meanwhile, Strive Asset Management has made significant investments in the cryptocurrency space. The company, co-founded by Vivek Ramaswamy, has raised $750 million and aims to triple that through acquisitions. The company's investments relate to distressed assets tied to Bitcoin, such as ongoing claims related to the Mt. Gox bankruptcy. These actions demonstrate greater optimism within institutions. Teng does not make predictions but simply confirms what is happening across financial markets.
Big Players Are Acting Fast As Cryptocurrency Matures
MicroStrategy founder Michael Saylor, another prominent voice in the cryptocurrency space, has expressed a similar view. He believes that the long cycle of the cryptocurrency winter may soon end, thanks to clearer regulations and increasing government support. Institutional momentum will now pave the way for the future.
Coinbase has also reported similar findings in its latest institutional survey. The exchange claims that 83 percent of institutional investors plan to expand their cryptocurrency holdings by 2025. This proves that cryptocurrency is no longer seen as a risky experiment but as a strategic financial tool.
As Teng emphasized, change has occurred. A fringe movement is now becoming a priority for some of the world's largest asset managers. As major organizations like Moody's and Strive are actively injecting capital and technology into the cryptocurrency market, the message is clear. Wall Street is not preparing to adopt it; they have already delved deeply into it.