As Bitcoin prices keep bottoming out and retail investors panic-sell, Wall Street institutions are seizing the moment to buy into crypto infrastructure. According to the article, despite Bitcoin's price decline and retail fear, major traditional financial players are accelerating their crypto footprint:
- Invesco has applied for tokenized funds, exploring on-chain asset management;
- Kraken is reportedly in talks to acquire Aave, aiming to integrate the lending protocol ecosystem;
- Circle has partnered with Nomura to push forward stablecoin cross-border settlement;
- SBI is acquiring Bitbank to build a full-stack crypto financial group.
These initiatives are driven by regulatory and technological clocks, not short-term price swings, signaling a systemic shift in ownership of crypto infrastructure from crypto natives to traditional financial institutions. On-chain data shows institutional holdings are rising while retail addresses are declining, highlighting the growing divergence.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.