尽管比特币价格低迷、散户恐慌抛售，华尔街金融机构却在逆势购入加密基础设施。Invesco申请代币化基金、Kraken洽购Aave、Circle联手野村证券推进稳定币跨境结算、SBI收购Bitbank构建全栈金融集团。这些行动由监管与技术时钟驱动，而非价格波动，标志着加密基建所有权正从原住民向传统金融机构系统性转移。
As Bitcoin prices continue to decline and retail investors panic-sell, Wall Street institutions are seizing the opportunity to scale up their crypto infrastructure investments. Invesco has filed for a tokenized fund, Kraken is in talks to acquire Aave, Circle has partnered with Nomura to advance stablecoin cross-border settlement, and SBI has acquired Bitbank to build a full-stack financial group. These moves are driven by regulatory and technological catalysts rather than price fluctuations, signaling a systematic transfer of crypto infrastructure ownership from crypto natives to traditional financial institutions.
The Depository Trust & Clearing Corporation (DTCC) has officially selected Chainlink Runtime Environment as the orchestration middleware for its upcoming collateral AppChain, which is scheduled to launch in Q4 2026. Additionally, DTCC is participating in the Project Pangea foreign exchange settlement initiative involving 50 banks. The integration is at the middleware layer, designed to provide technical support for institutional-grade on-chain settlement, not to directly replace traditional banking networks. This marks another significant institutional adoption milestone for Chainlink.
This article analyzes the development of internet capital markets in 2026, highlighting the US structural shift driven by regulatory breakthroughs (GENIUS Act, SEC/CFTC joint guidance) and institutional practices (J.P. Morgan, State Street conducting real transactions on Solana), which are shaping a new public blockchain-based capital market. Asian institutions face a strategic window and need to follow pragmatic, phased approaches based on local regulatory maturity.
尽管比特币价格持续探底引发散户恐慌性抛售，华尔街机构却正大举买入加密金融基础设施。Invesco申请代币化基金、Kraken洽购Aave、Circle联手野村证券推进稳定币跨境结算、SBI收购Bitbank构建全栈金融集团。这些行动由监管与技术时钟驱动，而非价格波动，标志着加密基建所有权正从加密原住民向传统金融机构系统性转移。
This article analyzes the development of internet capital markets in 2026, highlighting US regulatory breakthroughs (GENIUS Act, SEC/CFTC joint guidance) and institutional practices (J.P. Morgan, State Street transacting on Solana) that are building public blockchain-based capital markets. Asian institutions face a strategic window that requires phased implementation based on local regulatory maturity.
Despite Bitcoin's price continuing to fall and retail investors panic selling, Wall Street institutions are strategically investing in crypto financial infrastructure. Recent moves include Invesco filing for a tokenized fund, Kraken in talks to acquire Aave, Circle partnering with Nomura for stablecoin cross-border settlements, and SBI acquiring Bitbank to build a full-stack financial group. These actions are driven by regulatory clarity and technological maturity rather than price fluctuations, signaling a systemic shift of crypto infrastructure ownership from crypto natives to traditional financial institutions.
This article analyzes the development of internet capital markets in 2026, highlighting U.S. regulatory breakthroughs including the GENIUS Act and joint SEC/CFTC guidance, alongside institutional practices such as J.P. Morgan and State Street executing real transactions on Solana. These efforts are shaping a new public blockchain-based capital market. Asian institutions face a strategic window and should proceed in phases according to local regulatory maturity.
