The tweet was deleted by the author.
But we saved everything 🙂.
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.
View post on X Loading...
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.