‘very crypto-friendly’ era lacks investor follow-through

Crypto is entering the next step in its evolution, but it is not motivated by the media threw or the rise in retail sale, according to Ayesha Kiani, chief of the MNNNC group.

Speaking during a Bloomberg television interview during the weekend, Kiani said that although institutional interest increases, participation remains cautious and calculated.

MNNC Group is a quantitative investment company in digital assets. She said she saw the request for stable The purchase with fortune companies 500 adding bitcoin (BTC) or stablecoins on their balance sheets. Meanwhile, many companies explore Blockchain Infrastructure To decentralize internal data operations, which implies that the sector has gone from speculative trading to acceptance by large companies.

She underlined Blackrock and Fidelity as two main institutional actors who are active in the tokenization and digitization of assets. In particular, Blackrock “directs this effort,” she said.

The regulations move in favor of the crypto.

Kiani also said that the Securities and Exchange Commission Moving to abandon several legal application measures, in particular against Coinbase and Moonpay, represents a reversal of the position of Bidenhostile against the industry.

The CFTC also sets up coworking groups that focus on digital assets.

Although Crypto may not yet have its own legal classification, Kiani said it was no longer the main obstacle to the evolution of the industry.

“Even if the crypto or the blockchain do not obtain a special category, it will probably be treated like another assets according to the rules of the dry – with the same protections of investors.

Many investors feel the Trump administration The position in the crypto was not up to expectations. Bitcoin and Ethereum (Ethn) are on the right track to close the first quarter with the worst yields in seven years. However, it is not a source of concern because we are indeed in a “very, very friendly environment”.

She underlined Trump’s recorded remarks at a recent crypto conference in New York, as well as the active participation of World Liberty Financial, a crypto company linked to the Trump family and aligned with its administration, “buy the tokens in a coherent manner”.

However, favorable rhetoric has not resulted in a market movement.

“Since the administration has changed, we have not seen new volumes enter,” said Kiani. “We have not seen many more institutions of large institutions and say:” Here is the capital that is just going to trade. »»