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In a public statement on the X platform, Coinbase Institutional’s co-CEO Brett Tejpaul said that more than one-third of the top 20 global banks have already registered and are using their infrastructure. Traditional finance and crypto have now fully stuck together.

From this guy’s interview, ETFs are just the appetizer; the next act will be tokenized stocks, while stablecoin payments are the lubricant that connects them all.

However, looking back at the order book, longs and shorts have been tugging back and forth around 83990, and quantitative indicators have directly flashed a red warning light for insufficient market tradability. Whether these big banks’ grand narratives alone can actually produce a sustained run backed by real money depends on whether the subsequent funds will truly buy into it.

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