NEW: WisdomTree’s CEO Believes Crypto will be Mainstream in Coming Years

Top financial leaders predict a bullish future for cryptocurrencies as they become integral to model portfolios and mainstream finance by 2024. BlackRock’s ETF chief suggests crypto-backed funds will soon be standard offerings. WisdomTree CEO Jonathan Steinberg, in a CNBC interview, backed this by citing imminent mainstream adoption, driven by regulatory clarity and the growth of tokenized assets.

Steinberg underscored the significance of Trump’s pro-crypto stance, announced at the Bitcoin 2024 conference, which is expected to catalyze robust regulatory frameworks. These developments will likely bolster cryptocurrency’s position, with Bitcoin already recognized as the top-performing asset over 15 years. “We’re moving toward programmable money, which will really transform financial services broadly,” Steinberg explained.

The integration of real-world assets into the crypto space further expands its potential, targeting a projected market worth up to $10 trillion. Major financial institutions like Goldman Sachs are already developing tokenization products, anticipating a surge in market value and enhanced liquidity across digital asset classes.

CNBC 

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