Global attitude shifts, and traditional financial giants are also starting to allocate to crypto assets

【Blockchain Rhythm】 Recently at the Davos World Economic Forum, industry voices revealed an important signal: the United States’ attitude towards the crypto sector is undergoing a fundamental shift, and this change is spreading to the Western world.

Driven by the US, many countries have also adjusted their positions. The UAE, Thailand, and several Central Asian countries have begun to reassess crypto assets. Take the UAE as an example, it has already issued licenses covering almost all business lines globally for major exchanges, including futures.

What is even more noteworthy is the change in capital flows. In the past, many traditional funds simply could not allocate to crypto assets, and even CEOs of financial giants like JP Morgan have publicly opposed it. But now? They are turning around and recommending clients allocate a certain proportion of their assets to crypto.

Since last year, where has the new funding flowing into the crypto space mainly come from? Traditional financial institutions, family offices, and other institutional investors. What does this change indicate? It shows that the attitude of major institutions is clearly shifting, and crypto assets are gradually moving from “non-mainstream” to “an essential part of asset allocation.”