Fu Peng: In the future, we will see traditional financial institutions quickly enter the crypto market.

ME News message: On April 23 (UTC+8), Foresight News reported on-site that Xinhuo Group’s Chief Economist Fu Peng stated at the 2026 Hong Kong Institutional Digital Wealth Management Summit, “I started my journey with crypto in 2022, and have continued to keep an eye on developments in the crypto industry since then. Crypto bigwigs are similar to bigwigs in traditional finance—both needed to play the game early on. What truly enables the future is the ability to complete such a pivot quickly when a turning point comes. In the future, we will see former traditional financial institutions enter the crypto asset market rapidly. When they integrate, the market’s logic will herald a new era.

At a certain stage, technological progress exists alongside turmoil in the world’s institutional and order. In the late 1970s and the 1980s, we experienced the Cold War, wars in the Middle East, the dollar’s oil crisis, a surge in gold prices at the time, and a systemic unpegging. But human civilization is always about opportunities—risk and opportunity go hand in hand. While the world order was in chaos, our computers, semiconductors, and information technology were actually rising. Up to today, when all of us have begun to realize that AI, data, and computing power will become the most important productive forces of the future, our entire game is already more than halfway through. And the first half of it is what everyone recognizes as the traditional crypto circle. Nothing remains unchanged. Everything is constantly being restructured and constantly being reborn in the process of development.” (Source: Foresight News)