Omni cofounder Austin King believes the cryptocurrency industry is on the verge of a major reinvention.
Speaking after the XRP Las Vegas conference, King suggested that the next two years could fundamentally reshape the digital asset landscape, marking a period of transformation unlike anything the space has seen.
He sees regulatory clarity as the tipping point. With U.S. policymakers moving closer to establishing formal rules, King believes the fog of legal uncertainty is finally lifting. That, combined with the entrance of major institutions like BlackRock and Fidelity into the ETF space, signals a maturing market ready for mainstream integration.
According to King, what was once dismissed by regulators and banks is now drawing serious capital and attention. He points to companies like Tesla and SpaceX getting involved in crypto as signs of a broader institutional shift that he describes as “stunning.”
But it’s not just who’s investing—it’s what they’re backing. King argues that investor focus is moving away from flashy, marketing-driven projects and toward platforms offering tangible, real-world impact. The era of speculative noise, he believes, is giving way to one of substance.
In his view, crypto isn’t just evolving—it’s redefining its place in the global financial system. And if he’s right, the industry is about to enter its most important phase yet.
Metaplanet is aggressively expanding its Bitcoin holdings through an unconventional $5.4 billion capital raise, positioning itself as a leading BTC proxy in Asia.
A growing number of publicly traded companies are turning to XRP as a potential reserve asset, signaling a shift in how institutions view the utility of digital assets in treasury management.
BlueBird Mining Ventures, a London-listed firm traditionally focused on gold, is making headlines after announcing it will liquidate its gold reserves and begin accumulating Bitcoin as a treasury asset.
Coinbase has taken another step toward boosting cross-chain utility by introducing wrapped versions of XRP and Dogecoin on its Layer 2 network, Base.