Mike Belshe: Tradfi activity migrating to blockchain grows rapidly

Mike Belshe: Tradfi activity migrating to blockchain grows rapidly
Traditional finance shifts toward blockchain

Mike Belshe points out that covering the growing number of announcements about traditional finance moving onto blockchain platforms has become a significant task.

His comment highlights the accelerating integration of traditional financial services with blockchain technology.

Belshe previously highlighted that BitGo’s self-custody API has enabled AI agent wallets since launch, noting that these developments occurred without major announcements or rebranding. Separate analysis shows that $70 million is spent annually to distribute just $4 million in funds, with administrative costs representing 94% overhead. These points underscore the operational and technological challenges present as traditional finance adopts blockchain solutions.

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