According to TechFlow, on December 17, Blockworks reported that crypto investment institution Bitwise released a 2025 market outlook report, predicting that the stock price of cryptocurrency exchange Coinbase (COIN) will rise sharply from the current $324 to $700, and its market value is expected to surpass Charles Schwab to become the world's largest brokerage. Bitwise has previously accurately predicted that MicroStrategy (MSTR) will be included in the Nasdaq 100 Index and expects Coinbase to enter the S&P 500 Index next year. CoinShares expects that as more companies hold Bitcoin, Bitcoin income strategies will become the new normal for corporate finance.
In addition, Bitwise predicts that the U.S. Department of Labor will ease restrictions on investing in cryptocurrencies through 401(k) retirement plans by 2025. Several institutions are optimistic about the prospects of the tokenization of real-world assets (RWA) market, expecting it to exceed $50 billion, with just the U.S. Treasury token fund BUIDL supported by BlackRock potentially reaching a scale of $50 billion.
