TechFlow reports on December 17 that, according to Blockworks, crypto investment firm Bitwise has released its 2025 market outlook, forecasting that shares of cryptocurrency exchange Coinbase (COIN) will surge from their current level of $324 to $700, potentially surpassing Charles Schwab in market capitalization and becoming the world's largest brokerage. Bitwise previously accurately predicted MicroStrategy (MSTR) would be included in the Nasdaq 100 Index and now expects Coinbase to enter the S&P 500 Index next year. CoinShares anticipates that as more corporations hold Bitcoin, Bitcoin yield strategies will become the new norm in corporate treasury management.
In addition, Bitwise predicts the U.S. Department of Labor will ease restrictions on 401(k) retirement plans investing in cryptocurrencies by 2025. Multiple institutions are bullish on the tokenized real-world assets (RWA) market, expecting its size to exceed $50 billion, with BlackRock’s U.S. Treasury tokenized fund BUIDL alone potentially reaching $50 billion in scale.
