TechFlow news, WisdomTree CEO Jonathan Steinberg said in a CNBC interview that Bitcoin and cryptocurrencies will achieve "mainstream" adoption in the coming years. He believes the key drivers of this trend include:
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Regulatory clarity: Former President Trump pledged clear regulation for cryptocurrencies at the Bitcoin 2024 conference.
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The emergence of publicly traded crypto funds.
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Tokenization of real-world assets (RWA): Traditional financial institutions such as BlackRock and Franklin Templeton have already entered this market.
Steinberg emphasized that Bitcoin represents the natural evolution of money and expects digital assets to eventually become the dominant form of transaction. He also noted that the cryptocurrency narrative is expanding from Bitcoin and Ethereum to a broader scope of tokenized real-world assets. McKinsey & Company predicts the RWA market could reach $2 trillion by 2030, though it currently faces a "cold start" problem due to limited liquidity and trading volume.
