WisdomTreeβs Jonathan Steinberg says the firmβs tokenization push is nearing profitability, with $750 million in digital assets and long-term plans to modernize financial infrastructure.
CIROβs new digital asset custody framework takes effect immediately, raising standards for crypto trading platforms as regulators push to reduce investor risk.
At the Ondo Summit in New York, top asset managers said tokenization has moved beyond theory but warned that trust, education, and real-world utility are now the biggest hurdles.
The U.S. Department of the Treasury is scrutinizing crypto platforms, not just wallets, for enabling Iranβs sanctions evasion, according to TRM Labsβ Ari Redbord.
An unrelenting plunge in crypto prices on Tuesday has paused after the U.S. House very narrowly passed a funding package that will now head to the president's desk for signature.
CEO Mike Novogratz said that the profit-taking trend among early bitcoin adopters is real, indicating weakening conviction in the "HODLing" philosophy.
The roadmap in place doesn't make as much sense because progress among layer-2s toward later stages of decentralization has been slower and more difficult, and Ethereum itself is now scaling directly on layer-1.
βI think crypto starts to become invisibly more part of everyone's lives," said Tom Lee β the two appeared on a panel together Tuesday morning at the Ondo Summit in New York.
Analyst Geoffrey Kendrick trimmed his 2026 SOL forecast to $250 from $310, but says stablecoin micropayments could drive a longer-term surge as Solana moves beyond memecoins.