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3.8%
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As institutional maturity increases, Crypto Assets are entering a more stable phase. Paul Brody of Ernst & Young emphasized that Crypto Assets are "re-focusing on privacy" through tools such as the Nightfall protocol to meet corporate standards. Tether co-founder Reeve Collins (Reeve Collins) introduced "stablecoin 2.0," emphasizing transparency and shared ownership. Meanwhile, Charles d’Haussy of the dYdX Foundation (Charles d’Haussy) pointed out that institutional investors are more focused on analyzing business models rather than speculation, marking the integration of TradFi and Crypto Assets under clearer rules.