Traditional Finance Finally Finds Its Footing in Crypto

The relationship between traditional finance and crypto has been shifting in recent years.

For years, Wall Street observed from a distance while banks experimented cautiously and asset managers published research without taking action.

However, this hesitation is becoming harder to find as institutions begin to approach blockchain as financial infrastructure worthy of long-term investment.

David Ripley, overseeing Kraken during a period when crypto has become increasingly intertwined with traditional financial markets, has positioned the exchange for growth by expanding into custody, institutional services, regulated market access, and infrastructure capable of serving sophisticated participants.

The strategy reflects a broader shift across the industry, where institutions are thinking in decades rather than responding to short-term market movements.