Bitwise CIO: GENIUS Act Opens the Door for Institutional Financing, Three Major Enterprise Chains Raise Over One Billion Dollars in Total

Deep Tide TechFlow News, May 13 — According to The Block, Matt Hougan, Chief Investment Officer of Bitwise, pointed out that three enterprise-level blockchains under Circle’s Arc, Canton Network, and Stripe’s Tempo have recently completed over one billion dollars in funding combined. All three funding rounds occurred after the signing of the GENIUS Act in July 2025. Hougan believes that this legislation has broken the regulatory deadlock that previously suppressed institutional capital entry.

Hougan summarized three major signals: First, all three chains will make native private transactions a core design feature to meet institutional demands for transaction confidentiality; second, the implementation of the GENIUS Act has significantly reduced regulatory uncertainty, with the upcoming Clarity Act being the next key variable, which is expected to benefit stablecoins and tokenization infrastructure; third, behind these three chains are top institutions such as Goldman Sachs, Citadel, BlackRock, Stripe, and Visa, forming a stark contrast to the grassroots development paths of Ethereum and Solana. Hougan stated that their funding still mainly focuses on native crypto projects and believes that emerging enterprise chains will raise overall competitive standards and attract more capital inflows.