$ETH, $ASTER

Traditional finance is moving toward the crypto world at an unprecedented speed. The CEOs of the three major giants—Bank of America, Citigroup, and Wells Fargo—are about to sit down with senators to discuss key topics including the regulatory framework for stablecoins and how the banking industry can participate in this transformation. This is no longer a wait-and-see attitude, but a signal of actively participating in rule-making.

Meanwhile, the CFTC has launched a digital asset collateral pilot program, allowing Bitcoin, Ethereum, and USDC for the first time as collateral in the traditional financial system. The significance of this move is that mainstream crypto assets are officially entering the risk management framework recognized by authorities, breaking the previous “fringe asset” label.

Institutional actions are also noteworthy. MicroStrategy announced it will hold Bitcoin until 2065, a rare ultra-long-term holding strategy that demonstrates absolute faith in crypto assets. On the other hand, Twenty One Capital has transferred 43,500 Bitcoins back to self-custody before its listing, emphasizing transparency and control.

The latest report from CoinShares shows that the tokenized real-world assets (RWA) market has grown by 229% this year, with US Treasury bonds as the main driver, and this trend is expected to continue through 2026. The on-chain migration of financial assets is no longer a concept but a reality in progress.

These moves indicate that the integration of crypto and traditional finance has moved from the exploratory stage into the deep waters of infrastructure integration. Compliance channels are opening, and the involvement of traditional giants is deepening. But this also means that the volatility and policy changes brought by regulation require close attention.

What do you think about this wave of traditional finance entering the space?
A. Brings more compliant capital, driving a long-term bull market
B. Strengthens regulation, which may weaken the spirit of decentralization
C. Short-term hype, long-term impact remains to be seen

Share your thoughts in the comments.