Crypto Market Capitalisation In 2025 Hit Record Highs Above $4 Trillion: Binance
Transcript
Transcript
Transcript
CNBC TV 18 presents Crypto Corner powered by Binance. Hello and welcome to CNBC TV 18 Presents Crypto Corner part by Binance. We’re joined by today SB Seeker, who’s head of APAC, Binance Seeker. Hi, thank you so much for joining in. And where is according to you is the crypto industry stands today globally? Is the narrative shifting from speculative to infrastructure and financial rails finally? Hi, Manisha, pleasure to be here. Thank you so much and CNBC TV 18 for having me to answer your question. It’s very well underway and it’s structural, it’s not cyclical in our view. Digital assets are no longer fringe of financial services sitting on the outside, they’re actually being moved in as part of it. So I’ll give you some statistics to back that up quickly. In 2025, total crypto market capitalization surpassed 4 trillion and this was for the first time. So this is an all time high US spot Bitcoin ETF subtracted over 21 billion in net inflows during that same period and about. Just over 1,000,000 BTC now sits on corporate balance sheets stable coins in particular have been a bellwether or like a you know a man leading indicator for this trend and they’ve crossed 300 billion in supply of processing transaction volumes that rival Visa MasterCard at the moment. These are not speculative or temporary metrics. They are at this point infrastructure metrics. The other thing really is that Asia seems to be becoming a center of gravity for crypto innovation. Why would you think that is happening and what are your you know sense on why is the most. Aggressive regulatory jurisdictions also happening in APAC right now. Yeah, it’s a great question. I think it’s actually a a coming together of a number of things right that need to make this actual formula for success. The first is as you mentioned is ready to clarity. So a whole number of large APAC markets have moved very decisively into formal and full on licensing frameworks. And you know so away from the spectrum of AML only registrations or you know very minimal registration requirements to a full licensing framework. So Hong Kong’s stable coin ordinance which came into effect last year. Established A mandatory licensing regime for their reference stable coin issuance. And if you recall, this is in the back of the historical VTP guidelines that existed for exchanges, which is also maturing into the broker dealer model at the moment. So it’s taking steps towards a full-fledged framework. Singapore has always had the Payment Services Act, but they’ve also know enforced the Financial Services Markets Act Part 9 licensing framework for digital token service providers and they’ve said it deliberately. High compliance bar. So now they’re moving to the face of prioritizing. Ability of a quantity, right? South Korea has taken big steps in terms of legalizing sport crypto ETF in 2026. So they moved away from their longstanding retail only model to a institutional and global adoption model. And this comes on the back of other changes like, you know, opening up exchanges to institutional clients for the first time, actually probably mandatory mandatorily requiring corporates to have as a part of their balance sheet crypto holdings and also looking into the one exchange, one bank account model, right? India, Japan, sorry, for example, has a similar trend where they’re moving away from a tax structure that was penalizing crypto almost relative to other traditional financial instrument markets and bringing that down to a flat 20% tax consistent with securities and taking actions again to open up to institutional adoption as well. So you know, India which leads APAC consistently over the last couple of years in terms of digital asset adoption and which has a relatively uniform adoption countrywide and has a very strong digital infrastructure as you know, is also moving, making the moves. I think gradually from that sort of a model registration only model to looking into what would for example, stable coins mean for in the long run, right? So this is one element of it, which is the regulatory framework is maturing at scale. And then you also have the population, the dynamism, the mobile penetration and the disposable incomes rising, which together I think is a perfect cauldron for moving beyond, you know, experimentation towards large scale adoption. So I think that’s the reason why you’re seeing, you know, finance has 20 plus jurisdictions globally there. Licenses, you know, 2025 was all about not just retail and crypto enthusiasts, but institutions and corporates in some sense also entering crypto in a very meaningful way. What will you, what do you say in sense of tokenization, blockchain infrastructure playing its role in finance as we go ahead? Yeah. So let me talk a bit about the institutional adoption first and then I’ll give it to Railway Asset Organization, which I think is the core of your question. So institutional participation is increasing globally, right, And it’s starting to drive crypto markets and how cryptos accessed, allocated, use traded and held. So we see this ship directly at finance and institutional trading volume on our platform has increased 21% year on year 2025 and OTC trading surged 210%, right. So what we’ve done in response are actually in anticipation of this is we’ve built. The full institutional product suite triparty banking finance, wealth managed fund accounts, cryptos, a service which is basically us building infrastructure for other financial institutions to offer wallet and liquidity infrastructure to their end users and my name’s prestige right each one is designed around how sophisticated capital actually gets allocated now beyond our own infrastructure, the broader institutional entry is is very well evidence at this point digital asset treasury companies there are 195 of them at this point that hold over 1,000,000 Bitcoin each right companies have also. More than beyond Bitcoin, almost 70 entities now hold a total of 6.1 million E, which is about 20 billion USD on your balance sheet. Asset management giants like BlackRock, Fidelity, Morgan Stanley have expanded their own crypto offerings. Blackhawks are EBIT Ms. 70 billion in assets in just less in just under one year Abu Dhabi sovereign wealth fund holds about 500 million in Bitcoin. The Singapore Stock Exchange launched Bitcoin and it didn’t perpetual futures for institutional clients. So I can go on and on, but this is showing is that. Foreign adoption, institutional adoption across the world is increasing on the institutional space. Now, what about tokenization and blockchain infrastructure in general, right? So tokenization maybe last year, early last year, the year before when I was talking about it, it was a conceptual discussion. Right? Now it’s actually an execution based discussion. And by this is actively a part of it. Available assets basically accelerate the convergence of traditional finance and blockchain essentially, right? And it enhances efficiency, it enhances 24/7 availability and it actually enhances access to asset classes. Just the normal retail user before this previously was unable to access because of the high buying rates or high buy in thresholds, right? And so the interest in W4 institutions and for India lies in the ability of this technology to improve market efficiency and democratize accessibility. And this is beyond just classification, right? So the infrastructure that we’re building here will allow us to access products from bonds, real estate, cross-border settlement, remittances and basically in a nutshell is financial inclusion at scale and we already support. So and finance, we already support organized money market funds including BlackRock PID L, which is basically a way of using collateral, eligible collateral that institutional clients have to be able to build on top of that and give them stable yield bearing assets available for 24/7 settlement, which is, you know, doesn’t exist in a lot of emerging markets at this point. So this kind of operational utility simplicity and you know, permanent availability simply doesn’t exist in traditional finance. And I think that’s where real asset organizations starting to plug in and that’s why institutions are building to adopt it. So just to finish off few ideal Apollos tokenized portfolio, Hamilton leads tokenized infrastructure fund. All of these were previously accessible only to institutions and only in the strict conditions. Now what’s happening is they’re being made available to retail users through these institutions at entry points as low as USD $500. CNBC TV 18 presents Crypto Corner powered by Binance.
