Scaramucci Predicts ‘exponential Opportunity’ For Crypto At Longitude
The cryptocurrency industry is riding on the tailwinds of regulatory clarity and newfound interest from institutional investors into the new year.
Institutional investment and clear-cut regulations are laying the foundation for a strong start to 2026 for the wider cryptocurrency industry.
Industry players including Anthony Scaramucci, Kristin Smith, Eli Ben-Sasson, Ian Rodgers, Reeve Collins and Joseph Chalom delivered optimistic outlooks for the new year after a year of positive change, particularly in the United States.
“There’s been a tremendous amount of progress in 2025, an unprecedented amount,” Smith said. The president of the Solana Policy Institute has been intimately involved in crypto-focused discussions in Washington over the past 18 months.
Scaramucci said educating policymakers remains a key hurdle to helping the traditional financial system adopt innovative protocols running on blockchain rails.
“Kristin has got to go into those rooms, and she’s got to explain to these people why this regulation needs to get passed so that we can retool the financial system and make the system less expensive and more seamless,” Scaramucci said.
The founder of SkyBridge Capital added that existing TradFi systems currently spend over $4 trillion on transaction verification globally. Shifting to protocols like Ethereum and Solana, which currently rank highest for RWA tokenization and onchain activity, could offer unrivalled efficiency and cost savings.
Again, the major hurdle in recent years has been lagging regulations that have scuppered innovation and the ability for institutions to actively explore using blockchain protocols.
“We can do that today. It’s actually fairly easy to issue a share or a bond on a blockchain. The problem is the regulations don’t make sense when it comes to trading those assets. And so that’s a piece that we’re working on,” Smith said.
Related: Scaramucci family invested over $100M in Trump’s Bitcoin mining firm: Report
Source: CoinTelegraph
