“We’re at a pivotal inflection point in the industry, where finally it’s more legitimate, it is more recognised, and businesses—not only on Wall Street but also on Main Street—are realising the opportunity to harness blockchain technology,” he said.
Also Read | Crypto market still in early stage, says Sigma Capital’s Vineet Budki
Santo compared today’s crypto environment to the internet in the early 2000s, noting that mainstream use is still developing.
He pointed to tokenisation initiatives by BlackRock, adoption of stablecoins by Visa and Revolut, and cross-border remittance pilots by MoneyGram as examples of how blockchain is already being applied.
“Every business will be using blockchain technology over the next 10–20 years, in the same way that they started using the internet over the last 20 years,” he said.
Also Read | ‘It’s kind of a bull run’: SmartWave Academy founder sees crypto’s best years ahead
He added that Inversion sees opportunities to apply blockchain in telecom, finance, and cross-border trade, where infrastructure costs remain high. Stablecoin usage, he noted, is rising quickly, with Visa now processing more than $1 billion in stablecoin settlement volume—about four times last year’s level.
Santo also said US monetary policy remains important for crypto markets, given their “risk-on” nature.
He cited the recent listings of Circle and Figure Technologies as examples of companies bringing blockchain into traditional finance.
“Most people have thought about crypto as a speculative asset class… I think over the next 5–10 years, you’ll see more and more conversation about the actual technology and how large companies utilise it,” he said.
Catch all the latest updates from the stock market here
