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With a new administration in the White House, 2025 is shaping up to be a big year for institutional interest in crypto. 

“It’s here to stay,” Roger Bayston, head of digital assets at Franklin Templeton, said of digital assets during a Blockworks Roundtable discussion on Thursday. 

Crypto, which has now surpassed the high-yield bond market, will only start to act as a more robust and mature capital market over time, Bayston added.  

His enthusiasm is something Liat Shetret, director of policy at Elliptic, has observed in other institutional players as well. 

“In the…

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