Traditional financial institutions are set to make a swift entry into the cryptocurrency market, according to Fu Peng, Chief Economist of Xinhuo Group. Speaking at the 2026 Hong Kong Institutional Digital Wealth Management Summit, Fu highlighted the strategic importance of adapting at critical turning points in the industry. He emphasized that the integration of traditional finance with crypto assets will mark a new era, driven by technological advancements and global institutional shifts. Fu drew parallels between current developments and historical periods of upheaval, such as the Cold War and the dollar-oil crisis, noting that significant technological progress often coincides with global disruptions. He pointed out that as AI and data computing power become central to future productivity, the crypto market is evolving beyond its traditional circles, signaling a transformative phase for the industry.