Blockchain & Crypto Reach Record Institutional Adoption, According To Blockdaemon Expert

Barnaby Hodgkins expresses optimism about widespread adoption, Ethereum ETFs, and the future of the blockchain industry.

At the Token2049 event in Dubai, Barnaby Hodgkins of BlockDaemon shares insights on the future of blockchain and cryptocurrency.

Despite unprecedented rainfall in the UAE, attendees braved the storm at the Token2049 event.

BlockDaemon’s Senior Manager of Growth Strategy, Barnaby Hodgkins, talks with CoinNerd’s Ezra Reguerra about the industry’s current state and future prospects.

According to Hodgkins, the industry still has ample opportunities for growth.

Expanding on his point, he emphasized that while the industry has reached unprecedented heights, there’s still work ahead, stating, “It’s the highest it’s ever been, and as a result, there’s ample reason to be optimistic about the ongoing developments.”

Hodgkins highlighted the launch of the first Bitcoin spot ETFs in January and their subsequent uptake as positive signs. However, he noted that there is still significant room for further adoption:

With BlockDaemon at its helm, Hodgkins, as the growth manager, enjoys a comprehensive view of the blockchain landscape. Hodgkins describes the company as “the foremost provider of blockchain infrastructure globally.”

Their offerings encompass a broad spectrum of infrastructure necessities, from dedicated node access and API capabilities to running validators and staking rewards, all the way to MPC wallet technology.

Hodgkins anticipates that upcoming cycles could usher in more transformative developments for the industry. He speculates on the possibility of an Ethereum ETF in the near future, emphasizing the diverse applications of blockchain and cryptocurrency technology, which could drive adoption across industries like automotive and transportation.

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