Fidelity: Wall Street consolidation will drive cryptocurrencies into a new phase
TL;DR
Fidelity's Chris Kuiper predicts cryptocurrencies are nearing a structural shift driven by institutional adoption, with wealth advisors and banks fueling demand and regulatory clarity accelerating integration into traditional finance.
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According to Chris Kuiper, Vice President of Research at Odaily Digital Assets, digital assets are approaching a structural inflection point similar to the impact of containers on global trade. Infrastructure, institutions, and advisors are laying the foundation for a structural shift in global finance. Institutional adoption is expanding through custody, derivatives, tokenization, and slow-moving pools such as pension funds and endowments. Kuiper believes that as cryptocurrency accessibility increases, wealth advisors may become an undervalued source of long-term demand. Furthermore, with major banks announcing plans to build digital asset capabilities by 2025, and digital assets continuing to integrate into the traditional financial system in 2026, regulatory clarity may accelerate this process.