NYDIG Research Director: The "investable scope" in the crypto space is narrowing

MarsBitNews · 2026-02-23T06:44:53+00:00

NYDIG Research Director Greg Cipolaro pointed out that as the investable universe narrows, the crypto space is mainly focused on extending traditional finance into blockchain applications, and the likelihood of large-scale blockchain applications emerging is lower than expected.

MarsBitNews

2026-02-23 06:44:53

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Mars Finance News: On February 23, according to Cointelegraph, NYDIG Research Director Greg Cipolaro stated in a report that the “investmentable scope” in the crypto space is narrowing, mainly focusing on applications or services that “expand traditional financial products onto blockchain infrastructure.” He added that, aside from use cases such as Bitcoin, tokenized assets, stablecoins, some decentralized finance infrastructure, and a few general-purpose blockchains like Ethereum, “the likelihood of large-scale blockchain applications emerging seems lower than previously expected.”

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