Bitcoin, Blockchains, Tokenization Form The Core Of New Global Financial Infrastructure: Bernstein
As global trust in centralized institutions frays, analysts at Bernstein say three foundational decentralized technologies — Bitcoin (CRYPTO: BTC), public blockchains and tokenized assets — are poised to become integral to a new financial order.
What Happened: In its report, Bernstein’s digital assets team argues that the combination of geopolitical realignment, trade conflicts and financial system fragmentation is accelerating the adoption of decentralized technologies across sovereign and institutional actors.
“Bitcoin, decentralized blockchains, and tokenized currencies are forming the backbone of a new settlement and value layer,” wrote lead analyst Gautam Chhugani in the report.
Bernstein sees Bitcoin increasingly viewed as a digital store of value free from geopolitical entanglements.
“Bitcoin is the only ‘store of value’ asset which is not controlled by any single nation-state,” the report states.
With roughly $2 trillion in market cap, Bitcoin remains …