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But we saved everything 🙂.
Crypto accepted as store of value but awaits broader payment use, Matt Hougan notes
Institutions now see crypto as a store of value, according to Matt Hougan. However, widespread use of crypto as a medium of exchange remains ahead.
Hougan shared that while institutional acceptance of digital assets continues to grow, the evolution toward mainstream use for transactions is still developing.
Hougan has previously highlighted growth trends across financial instruments. In 2024, he noted that direct indexing assets reached $864 billion, up from $100 billion in 2015. That growth parallels the expansion seen in exchange-traded funds over the same period.
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