Bitcoin and Crypto Entering ‘Existential Crisis’ As DeFi Moves From Niche Experiment To Wall Street: Arca CIO

The chief investment officer at a digital asset investment firm is raising new questions over the future of crypto for one key reason.Arca CIO Jeff Dorman says he believes Bitcoin (BTC) and many other digital assets are unlikely to see values increase from the explosion in the tokenization of assets. Dorman warns there may only be a few beneficiaries from the latest big trend in blockchain use cases such as the New York Stock Exchange (NYSE) plan to launch a tokenized securities platform for 24/7 trading an ...