Key Takeaways:
Major financial firms are widening crypto activity across custody, payments, funds, and tokenization.Regulated ETP access has become the broadest entry point for institutional crypto exposure.Tokenized funds and blockchain settlement tools could expand deeper into traditional finance.Bitwise wrote on X on May 8:
Institutional infrastructure extends beyond investment access. BNY Mellon has integrated digital asset custody into core infrastructure, while Deutsche Bank has expanded into custody services through a partnership with Taurus. Cboe, Charles Schwab, CME Group, DBS, Deutsche Börse, Goldman Sachs, HSBC, Interactive Brokers, and the London Stock Exchange support trading venues, listed products, custody, or market infrastructure.
Tokenization and Payments Reshape Institutional Crypto UseBitwise CIO Matt Hougan said on X on May 7:
“Eventually, every fund will be tokenized.”
