Cassie Craddock, managing director at Ripple, shared her vision of the future of the cryptocurrency industry, noting significant changes and growth expected by 2025.
Future Forecast from Ripple
Cassie Craddock predicts that by 2025, the cryptocurrency industry will be more developed. She emphasizes the importance of increasing partnerships and collaboration with experts for successful scaling of tokenization and developing sustainable use cases.
Role of Major Financial Institutions
Craddock noted BlackRock and Societe Generale Group's bold moves towards institutional cryptocurrency adoption. According to her, these maneuvers will help accelerate the trend this year.
Expansion of Crypto Custody
Ripple, having expanded its presence in the digital asset custody segment, acquired the Swiss custody firm Metaco for $250 million. Craddock emphasizes that early movers in investments and partnerships will gain an advantage in this rapidly maturing space. Nearly the entire cryptocurrency industry will aim to capture market share and consumer trust. Ripple, for instance, now competes with companies such as Coinbase and Fireblocks.
Confidence in the future of the cryptocurrency industry, bolstered by successful legal and regulatory steps, allows Ripple to optimistically look towards further development and will bring significant advantages.
