BNY Mellon CEO Robin Vince stated at the Digital Asset Summit in New York that large financial institutions will be pivotal in the next phase of cryptocurrency adoption. Vince highlighted that banks, like BNY Mellon, which has launched digital asset custody services, can bridge traditional finance with digital assets. He emphasized tokenization as a key focus, particularly in creating digital shares for money market funds and tokenizing existing products. Vince also pointed out that sectors such as lending and real estate are poised to benefit from tokenization. He stressed the importance of trust and regulation, noting that a clear regulatory framework is essential for industry growth. The U.S. GENIUS Act has been passed, but the revised Digital Asset Market Clarity Act remains under debate, particularly concerning stablecoin yield treatments. Vince projected that institutional participation will hinge on security and regulation, a process expected to span five to fifteen years.