According to @hfangca, a Money20/20 panel featuring Northern Trust, Standard Chartered, FTI US, and Circle discussed the future of finance and affirmed that crypto is here to stay and that activity will migrate on-chain over time (source: @hfangca on X, Oct 28, 2025). According to @hfangca, the session emphasized that crypto-native and TradFi players will both compete and partner, with user needs ultimately determining the winning systems (source: @hfangca on X, Oct 28, 2025). According to @hfangca, no specific product launches, timelines, or market guidance were disclosed, but the participation of these institutions reflects ongoing engagement with on-chain finance themes relevant to market participants (source: @hfangca on X, Oct 28, 2025).

According to Eleanor Terrett, legacy financial institutions like Northern Trust are leveraging a more favorable regulatory environment to further penetrate the digital assets space, focusing on tokenization. This strategic move could influence trading dynamics as these institutions bring traditional market stability to the crypto sector. Terrett cites discussions with @FTI_US, @FTDA_US, and @Markets_Onchain, highlighting their roles in facilitating this transition.