In spite of the current market downturn due to US trade tariffs, leaders at prominent cryptocurrency companies Messari and Sygnum maintain a positive outlook on the institutional uptake of Bitcoin in 2025.
During a discussion panel at Paris Blockchain Week on April 8, Messari CEO Eric Turner and Sygnum Bank co-founder Thomas Eichenberger expressed their anticipation for a substantial transformation in the financial sector’s engagement with cryptocurrencies in the latter half of the year.
The executives noted that the global banking movement towards Bitcoin (BTC) services is likely to emerge in the second half of 2025 as regulatory bodies begin to adopt digital assets, including stablecoins and crypto offerings by banks.
“I believe we’re potentially facing a subdued Q2, but I’m genuinely optimistic about Q3 and Q4,” Turner from Messari remarked during the panel led by Cointelegraph CEO Yana Prikhodchenko, predicting “truly fascinating” developments in the crypto space in 2025.
Crypto adoption transcends Trump
While some investors concentrate on the pro-crypto position of US President Donald Trump, Turner asserted that the larger regulatory shift is what truly counts.
“When you assess the potential for market structure regulations in the US, stablecoin regulations, and the overall attitude of not just President Trump, but also the SEC and various regulatory bodies embracing crypto,” Turner elaborated.
Panel at Paris Blockchain Week featuring Cointelegraph CEO Yana Prikhodchenko, Bancor co-founder Eyal Hertzog, Sygnum co-founder Thomas Eichenberger, Messari CEO Eric Turner, AWS fintech leader Alex Matsuo, and Near COO Chris Donovan. Source: Cointelegraph
Eichenberger, co-founder of Sygnum, remarked that global banks with branches in the US are also ready to enter the marketplace once the regulatory environment becomes more defined:
“I believe it’s a foregone conclusion that US banks are gearing up to provide crypto custody and at least spot trading services in the near future.”
“By that time, I concur with you, Eric,” he went on, anticipating an ongoing period of market ambiguity until the US implements a coherent regulatory framework.
Related: Ripple acquires crypto-friendly prime broker Hidden Road for $1.25B
Banks are no longer intimidated by Bitcoin regulators
With the clarification of crypto regulations for banks in the US, a surge in demand for crypto services from large international banks with a presence outside the US is expected, according to Eichenberger.
“Some of these banks may have had strategic plans ready to roll out crypto-related services but were hesitant due to concerns about possible repercussions from US regulatory bodies,” he added:
“I believe there’s no longer any cause for concern regarding regulatory authorities globally. Hence, I anticipate that many of the major international banks will launch these services this year.”
Magazine: Financial nihilism in crypto is over — It’s time to dream big again
