At the SCB10X conference, Nansen CEO Alex Svanevik discussed the current state of the cryptocurrency market and the future of regulated assets. He noted that despite positive changes, many long-term opportunities remain untapped.
Regulatory Changes and Their Impact on Crypto Market
According to Svanevik, regulations are just starting to catch up with innovation in decentralized finance (DeFi). He pointed out that the ongoing crypto bull market shows that regulation can be a key catalyst for further development. For instance, since the 2024 elections, the price of Bitcoin has surged from $70,000 to $123,091. However, he believes there is a significant lag between blockchain development and regulatory responses.
> “While crypto moves at a rapid pace, traditional finance and politics operate on much slower timelines, sometimes taking quarters or years to fully integrate innovations. Understanding this dynamic lag is crucial for spotting long-term opportunities,” said Alex Svanevik.
New Opportunities: Tokenized Assets
Svanevik also expressed that the next major opportunity for the crypto industry lies in tokenized stocks and real-world assets. He believes that true breakthroughs will come from regulatory clarity that allows for the tokenization of real equity and assets, rather than just speculative memecoins.
> “We’ve already seen all-time highs and believe new records are ahead, especially with promising L1 projects emerging. But the true breakthrough will come from regulatory clarity that allows us to tokenize real equity and assets – not just speculative memecoins. What will 10x or 100x blockchain value is getting equity and real-world assets on-chain,” remarked Alex Svanevik.
Crypto Market and Real Sector
Real-world assets have emerged as one of the fastest-growing segments of the crypto market in recent months. According to a report by RedStone, RWAs reached an estimated value of $24 billion. The report highlighted private credit as a major driver behind the recent surge in this asset class.
Alex Svanevik emphasized the importance of regulatory changes for the growth of the crypto market and pointed out that the market has not yet reached its full potential. New tokenized assets could serve as the catalyst for the next stage of development.
