Blockchains ready for institutions, lawyers hesitate: DoubleZero CEO

Summary

Blockchain infrastructure is ready for institutional use, but legal teams at large firms remain cautious about full integration. High-performance blockchains like Solana can support large-scale institutional usage, yet lawyers need to become comfortable with crypto. Regulatory concerns are still being addressed by institutional lawyers and compliance teams, which may slow adoption despite increasing regulatory clarity in markets like the U.S. Technical infrastructure is no longer a barrier, as tools for enterprise-scale activity on networks like Solana are available. Institutions are onboarding slowly due to their cautious nature. There is a growing trend of institutional involvement in crypto infrastructure, with significant financial support and contributions from bare-metal infrastructure providers and venture capital firms. This reflects a shift in traditional finance's view of the sector, although the broader crypto product landscape remains immature.

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