Star Xu, founder of crypto exchange OKX, stated that the divide between cryptocurrency and traditional finance is diminishing, with crypto companies increasingly resembling traditional financial institutions. OKX’s recent funding extension valued the company at $25 billion and attracted investments from major traditional finance players. The platform is expanding into tokenized traditional assets and stablecoins, illustrating this convergence between institutional capital and crypto-native infrastructure. Ethereum price prospects remain cautious, with only a 1% probability of reaching $10,000 by end of 2026 and a 42% probability of reaching $3,000 by year-end, reflecting mixed market sentiment. Xu’s remarks suggest broader acceptance of crypto assets within traditional financial systems, though market participants remain cautious about significant price increases in the near term.
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