Crypto Firms Bridge Gap with Wall Street in Growing Synergy: Traditional Finance and Crypto Convergence Expands

Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory in India, launching more traditional investment offerings and showcasing the growing synergy between crypto and traditional finance (TradFi). According to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange, there is a noticeable convergence between traditional financial investments and the emerging crypto space. Crypto players are exploring traditional finance as an opportunity to bridge the gap between the two worlds. The blurring lines between the two sectors are attractive to investors seeking flexibility in their investments. Bitget sees TradFi as a launchpad for broader adoption, viewing integration as smarter than isolation. This trend follows Kraken’s recent expansion into US-listed stocks and ETFs, which came after a significant market downturn triggered by tariff announcements. Coinbase’s CEO Brian Armstrong shares a similar vision of modernizing the global financial system through crypto adoption. The relationship between digital assets and traditional assets is seen as inherently symbiotic, with the goal of enabling economic freedom for one billion users to onboard crypto. Blockchain technology offers speed and transparency, while TradFi provides trust, scale, and compliance, leading to an inevitable convergence. As regulatory clarity and institutional adoption increase, more of the global GDP is expected to run on crypto rails. Traditional investment platforms like eToro and Robinhood have also launched cryptocurrency offerings, further blurring the lines between crypto and traditional finance in India.

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