Galaxy Executive: Bright Long-Term Outlook for Crypto, Driven by Integration of Assets and Infrastructure

Crypto Market Correction Reflects Healthy Deleveraging

Steve Kurz, Head of Global Asset Management at Galaxy Digital, explained that recent crypto market declines stem from liquidity tightening and leveraged position unwinding rather than systemic risks. This market behavior signals a healthy deleveraging phase, setting the stage for sustainable long-term growth.

Blockchain Integration Accelerates With Traditional Finance

Kurz emphasized that maturing stablecoin technology, accelerated tokenization of assets, and deeper blockchain integration with mainstream financial systems are reshaping financial infrastructure. Cryptocurrencies are evolving beyond investment vehicles into foundational components of future finance.

Structural Transformation Unfolding Over Years

He predicted markets won't rebound sharply in the short term, but rather experience consolidation before gradually recovering through institutional capital inflows and integrated asset-infrastructure development. This represents a multi-year structural transformation rather than temporary market fluctuation.

Galaxy Digital Positions for Future Trends

To capture this long-term shift, Galaxy Digital is building comprehensive full-stack capabilities covering infrastructure, on-chain services, and asset management, aiming to create a complete ecosystem supporting next-generation financial systems.