A leading asset management firm with an asset scale of $1.7 trillion has officially launched cryptocurrency services, and this signals a significant development.



In terms of numbers, what does this scale mean? The entire market capitalization of Bitcoin is only $1.7 trillion, and the total market cap of the entire crypto market is just $3 trillion. In other words, this institution's asset size is already equivalent to a complete Bitcoin market.

More importantly, they are not just launching simple crypto asset trading services, but a comprehensive crypto wallet product. This means that the connection between the traditional financial system and the Web3 world has moved forward another step. What does a wallet product represent? It signifies the improvement of underlying infrastructure, which will become an important catalyst for the next wave of growth.
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NFTragedyvip
· 2h ago
This time it's really serious, not just a trial run, 1.7 trillion... Just saying the scale feels a bit unreal. The key is actually implementing the wallet; once the infrastructure is in place, the next wave will depend on who can move fastest.
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DefiEngineerJackvip
· 01-10 20:56
honestly, the wallet integration is what actually™ matters here—not the headline number. infrastructure layer adoption from TradFi players fundamentally changes the game theory, but let's be real, most of these "crypto services" are just custodial theater lol. show me non-custodial architecture or it's just another centralized middleman with extra steps. still bullish on the thesis tho
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StealthDeployervip
· 01-10 20:52
Wow, 1.7 trillion is equivalent to a complete Bitcoin market? The traditional financial giants are really here... When wallet products appear, the market usually starts to react. Can we keep up this time?
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BearMarketGardenervip
· 01-10 20:47
Wallets are indeed the key; only with solid infrastructure can the ecosystem truly take off. --- 17 trillion yuan, this brings the gap between traditional finance and Web3 even closer. Impressive. --- Wait, isn't this really a sign that the good news has been fully priced in? Or is a market rally coming? --- Building wallets rather than trading coins—that's the smart way to go if you want to hold long-term gains. --- But honestly, the prospect of big institutions entering is good; it all depends on whether they truly believe in crypto. --- Complete infrastructure = mature ecosystem. No flaws in this logic. Keep stacking coins, brothers. --- 17 trillion yuan, equivalent to the entire market cap of Bitcoin? That data is a bit shocking. --- Wallet products are the real killer app; they beat any derivatives in appeal. --- Finally, leading institutions are seriously developing products, unlike those air projects. --- Is this an upward signal or a trap? Be cautious, everyone.
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TopBuyerBottomSellervip
· 01-10 20:45
17 trillion OMG, this is what traditional finance backing down looks like --- Wallet product launched? That means infrastructure is really taking off, the next wave is definitely coming --- Wait, what does this mean... are institutions officially going all in? --- No wonder the market has been so volatile recently, it's really happening --- If you don't chase this wave, you'll regret it for a lifetime, brothers --- 完善基础设施 = a signal for the next bull market, I bet you all didn't understand --- Those big sharks in traditional finance are finally panicking, haha
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GasWranglervip
· 01-10 20:32
tbh the wallet infrastructure angle is what actually matters here—if you analyze the data, custodial solutions are demonstrably the bottleneck, not adoption itself. most people don't realize institutional wallets are still gas-inefficient garbage compared to what's technically possible.
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