According to @julian2kwan, regulated digital-asset rails progressed via 2018 tokenisation, 2019 licensing, 2020 real-world-asset (RWA) infrastructure, 2021 IXS, and indicate 2025 will involve banks and custodians, a timeline traders can use to track institutional market access and venue readiness; source: @julian2kwan (X, Nov 28, 2025). For trading execution and risk control, focus on 2025 bank/custodian custody rollouts, licensing updates, and issuance/flow data in tokenized RWAs as operational milestones implied by this progression; source: @julian2kwan (X, Nov 28, 2025).

According to @nic__carter, Anchorage and its CEO Nathan McCauley have showcased a strong vision for stablecoin innovation, and the upcoming partnership with Mountain and @mcarrica signals a strategic expansion in the stablecoin sector. Traders should note that Anchorage's proven institutional custody infrastructure and regulatory compliance (source: @nic__carter, Twitter, May 12, 2025) position it as a key player for stablecoin development amid rising demand for secure, regulated digital assets. This collaboration could drive short-term interest in stablecoin-related tokens and increase liquidity on compliant DeFi platforms, potentially impacting volume and volatility in the broader crypto market.