Deep Tide TechFlow News, February 15 — According to CoinDesk, Steve Kurz, Head of Global Asset Management at Galaxy Digital, stated that the recent decline in cryptocurrencies is mainly due to liquidity and leverage unwinding rather than systemic risk, reflecting that the market is undergoing a healthy deleveraging cycle. He pointed out that the acceleration of stablecoins, tokenization, and the integration of blockchain with traditional finance has made crypto not only an asset class but also a core financial infrastructure. Kurz does not expect a V-shaped rebound in the short term; the market may first remain volatile and consolidating, then gradually rise as institutional capital deepens and the “large-scale integration of assets and infrastructure” progresses. He emphasized that this is a multi-year structural shift, not simply a buying opportunity on dips. Galaxy Digital is actively building a full-stack service platform, from infrastructure and on-chain services to asset management, aiming to grasp this long-term trend.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Galaxy Executive: The recent market decline is not simply a buying opportunity on dips
Deep Tide TechFlow News, February 15 — According to CoinDesk, Steve Kurz, Head of Global Asset Management at Galaxy Digital, stated that the recent decline in cryptocurrencies is mainly due to liquidity and leverage unwinding rather than systemic risk, reflecting that the market is undergoing a healthy deleveraging cycle. He pointed out that the acceleration of stablecoins, tokenization, and the integration of blockchain with traditional finance has made crypto not only an asset class but also a core financial infrastructure. Kurz does not expect a V-shaped rebound in the short term; the market may first remain volatile and consolidating, then gradually rise as institutional capital deepens and the “large-scale integration of assets and infrastructure” progresses. He emphasized that this is a multi-year structural shift, not simply a buying opportunity on dips. Galaxy Digital is actively building a full-stack service platform, from infrastructure and on-chain services to asset management, aiming to grasp this long-term trend.