Avishay Ovadia, co-founder of Israeli crypto venture capital firm Collider, predicts a shift in the blockchain industry from retail to institutional dominance. Ovadia argues that the era of retail investors driving the crypto market has ended, with institutions now taking the lead. These entities are not interested in decentralization but are leveraging blockchain for its efficiency in fund transfers, marking a significant transformation in the digital asset economy.
Ovadia highlights that institutions are building their own ecosystems, focusing on tokenization and instant settlement while maintaining control over user privacy and profits. This shift is seen as a move towards a more regulated and institutionalized digital asset market, with traditional financial giants like banks and payment companies leading the charge. The future, according to Ovadia, lies in integrating blockchain technology into existing financial systems, paving the way for a new era of digital asset infrastructure.
Israeli Crypto VC Foresees Institutional Dominance in Blockchain
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