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Wall Street’s Floodgates Swing Open for Crypto as Bitcoin Smashes $106K

Wall Street’s Floodgates Swing Open for Crypto as Bitcoin Smashes $106K

Blockworks
Author:
Blockworks
Release Time:
2025-05-20 19:24:14
0

Equity capital markets ‘wide open’ for crypto as BTC hits $106k

Traditional finance’s last resistance crumbles as BTC’s meteoric rally forces institutional capitulation. Equity markets now scramble to court an asset class they mocked three years ago—ironic, given most banks still can’t custody it properly.

Suddenly everyone’s a ’blockchain strategist’ as IPO pipelines refill with tokenized carbon credits and AI-training-data DAOs. The suits finally figured out where the liquidity’s flowing—just in time to take their usual 2% management fee on the revolution.

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