Institutional Crypto Adoption Reaches Irreversible Stage, Says PwC
- PwC reports that institutional adoption of crypto is now irreversible, indicating a structural shift in financial engagement with digital assets.
- The report highlights sustained involvement in custody, trading, settlement, and tokenization despite market volatility.
- Ledger is preparing for a $4 billion IPO with support from Goldman Sachs and others.
- Robert Leshner’s SuperState raised $82.5 million to advance tokenized stocks on Ethereum and Solana.
- New tokens SENT and FIGHT debuted at $900 million and $230 million fully diluted valuations respectively.
PwC’s report suggests that the integration of crypto into institutional frameworks has reached a point where it cannot be reversed, even amid regulatory uncertainties and political changes anticipated in upcoming years.
This marks a significant milestone as institutions are embedding crypto into core business operations, making withdrawal costly and impractical. The move by major players like Ledger to pursue large-scale IPOs further underscores this trend.( Source )
