Haciyev Reşit 
As volatility persists in the crypto market, comments from two major figures in traditional finance Larry Fink and Brian Armstrong have created new discussion in the sector. Speaking together on stage at the New York Times DealBook Summit, the two CEOs delivered critical messages not only about Bitcoin’s future but also about the role of crypto assets in the global financial system.
Institutions Are Quietly Entering Crypto
Coinbase CEO Brian Armstrong revealed that some of the world’s largest financial institutions are actively conducting pilot programs with Coinbase in areas such as stablecoins, custody services, and crypto trading. Although he did not name specific firms, Armstrong said these institutions after remaining cautious for years now view crypto as a “strategic opportunity.”
According to him, rising client demand and the broader digitalization of global finance are convincing institutions that integrating crypto infrastructure is inevitable. Armstrong added that banks resisting this shift will fall behind, and that future growth in financial services will come from institutions that embrace digital asset solutions.
Larry Fink’s Perspective on Bitcoin Has Completely Changed
BlackRock CEO Larry Fink, who sharply criticized Bitcoin in 2017, stated that he now sees a “massive use case” for BTC. Fink’s transformation reflects not just a change in personal opinion, but a fundamental shift in how institutional finance views crypto. Under his leadership, BlackRock now manages the world’s largest spot Bitcoin ETF, which regularly attracts billions of dollars in institutional inflows. This is seen as evidence that Bitcoin is no longer just an alternative digital asset, but a strategic macro instrument included in global portfolios.
Fink also noted that approximately $4.1 trillion stored in digital wallets worldwide is mostly held in stablecoins. He believes tokenization will enable this capital to move more efficiently and rapidly. The digitization of traditional assets is seen as one of the major transformations of the coming years.
Banks’ Approach to Crypto Is Changing
The remarks by Armstrong and Fink align directly with the increasing interest in crypto from major financial institutions such as JPMorgan, Citigroup, Bank of America, and Morgan Stanley. These firms, once skeptical of digital assets, now view the space as a rapidly growing market and a long-term strategic opportunity.
The more supportive and market-friendly regulatory stance emerging under the Trump administration has accelerated banks’ crypto adoption strategies. Banking executives believe that expanding crypto services will provide a competitive advantage, driven by growing client demand and the inevitability of financial digitalization.
Regulatory Winds Shift in the Crypto Market
The newly approved federal stablecoin framework in the U.S. is seen as a significant step for crypto companies. A more crypto-friendly approach emerging in Washington is making it easier for institutional investors to enter the sector. However, ongoing volatility since October, leverage unwinding, and sharp declines in Trump-linked tokens have heightened market uncertainty.
Larry Fink stated:
“You own Bitcoin because you worry about your physical and financial security. The main reason to hold Bitcoin long term is the risk that budget deficits will debase fiat currency.”
Conclusion
The strong statements from the CEOs of BlackRock and Coinbase point to a critical phase in the long-term trajectory of the crypto market. The acceleration of institutional adoption, the transformative potential of tokenization, and emerging regulatory support from Washington are forming a positive backdrop for Bitcoin and other digital assets. Although short-term volatility persists, the actions of major institutions show that the crypto market is structurally strengthening and gaining long-term momentum.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.