Traditional Finance Rushes Into Crypto as Institutions Buy Bitcoin Dip, Axios Reports Traditional financial institutions are accelerating their push into cryptocurrency products in 2026, according to an Axios report. Banks, brokerages, and exchanges are racing to offer crypto services as demand from retail investors, institutions and wealthy clients reaches a tipping point. Bitcoin’s price decline near $60,000 has not deterred major institutional buyers, according to John D’Agostino, Coinbase’s head of institutional strategy. The shift represents a convergence of mega-trends including stablecoins, tokenization, artificial intelligence (AI) and extended-hours trading reshaping financial markets, the report stated. The move by traditional finance (TradFi)…
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