According to a MarsBit report, the internet capital market landscape in 2026 is undergoing a structural transformation, with the United States taking the lead in shaping a new capital market infrastructure built on public blockchains. On the regulatory front, the proposed GENIUS Act for stablecoins and digital assets, alongside joint guidance from the SEC and CFTC, is paving the way for compliant operations. On the institutional front, traditional financial giants such as J.P. Morgan and State Street have already executed real transactions on the Solana blockchain, marking a significant step toward institutional-grade DeFi in practice.
For Asian institutions, this presents a strategic window of opportunity. However, they must proceed in a phased, pragmatic manner based on local regulatory maturity, avoiding a direct copy of the U.S. model. The overarching trend indicates that public blockchains are becoming the core infrastructure for global capital markets.