Asian Institutions Focus on Blockchain, Not Crypto Exposure

[bonk]

Financial institutions across Asia are increasingly separating blockchain technology from direct cryptocurrency exposure, according to Takatoshi Shibayama of Ledger.

Instead of launching products tied to assets like Bitcoin or Ethereum, many institutions are focusing on tokenizing financial products and issuing stablecoins.

While traditional financial firms remain cautious about crypto markets, asset managers are still exploring crypto-related offerings to expand investment options for clients, especially as regulatory frameworks and custody solutions continue to evolve.

[madmax]

me: wants yields on stablecoins. us senate: ‘nah bro, no fun here’