Coinbase has unveiled its 'DAT 2.0' model, highlighting a shift in institutional crypto engagement from mere asset allocation to more sophisticated trading, custody, and blockchain space acquisition. This model suggests a growing demand for advanced privacy technologies such as zero-knowledge proofs and fully homomorphic encryption as institutional adoption increases. The integration of AI with crypto, automated agents, application-specific blockchains, cross-chain interoperability, and tokenized assets, including tokenized stocks, are identified as key areas of focus. These developments reflect a broader trend towards more complex and integrated institutional participation in the crypto space.