The Institutionalisation of Crypto

This report examines crypto’s transition from a retail-driven, speculative market into regulated financial infrastructure suitable for institutional adoption.

It argues that the current downturn reflects consolidation driven by regulatory clarity, institutional positioning, and capital rotation rather than speculative excess.

The analysis highlights regulation as a catalyst for product-market fit, enabling adoption through instruments such as ETFs, stablecoins, and compliant market infrastructure, and concludes that these dynamics mark crypto’s shift toward durable integration within global financial systems.