Blockchain infrastructure is poised for institutional use in India, but legal teams at major firms remain cautious. DoubleZero founder Austin Federa, a former Solana executive, emphasized at the Token2049 event in Dubai that high-performance blockchains like Solana are technically capable of supporting large-scale institutional usage. However, lawyers need to adapt to the technology. Federa stated that institutions and their legal teams must become comfortable with cryptocurrencies despite the technical readiness of blockchains like Solana. Regulatory concerns are still being addressed by institutional lawyers and compliance teams, potentially slowing down adoption. Federa highlighted that while the technical infrastructure is in place for large firms to adopt blockchain networks, institutions move slowly in integrating new technologies. Until legal departments are satisfied with risk controls and compliance structures, adoption may progress gradually. The trend of institutional involvement in the crypto infrastructure space is growing, with financial support and contributions of fiber infrastructure from bare-metal providers and venture capital firms to DoubleZero. Federa noted that this level of commitment from institutions was unthinkable a few years ago but reflects a shift in traditional finance’s perception of the sector. Despite the increase in institutional adoption, Federa acknowledged that the broader crypto product landscape is not fully mature yet. The commitment of institutional players to crypto-native projects marks a significant change in how traditional finance views the sector, with the potential for further growth and development in the Indian market.