Fidelity Digital Assets stated in its latest report '2025 Look Ahead' that more sovereign nations, central banks, sovereign wealth funds, and government finance departments are expected to incorporate Bitcoin into national strategic reserves by 2025. Analyst Matt Hogan pointed out that cases like Bhutan and El Salvador may trigger more countries to follow suit, and not having Bitcoin allocated could pose greater risks than having it allocated. Additionally, Hogan predicts that by 2025, digital asset custody and management products will enter the mainstream, and the market size for on-chain asset tokenization will grow from $14 billion to $30 billion. (Cointelegraph)