#Strategy加码BTC配置 Traditional financial giants are officially entering the digital asset custody field—once the US "Responsible Financial Innovation Act of 2026" is implemented, the entire crypto custody ecosystem will be reshuffled.

The current landscape is quite clear. Professional crypto trading platforms are doing well relying on custody fees, trading commissions, and staking yields. But once traditional banks obtain compliant custody licenses, the situation becomes complicated—

How will institutional clients choose? When century-old banks like JPMorgan and Citibank say "We have FDIC insurance protection," that sense of trust is irresistible to many institutional investors. Ready-made compliance frameworks, robust risk control systems, and a large customer base—these advantages are not easily matched by latecomers in the short term.

Price competition also requires mental preparation. The approach of traditional financial institutions is to sell at low margins—custody rates could be cut in half from current levels, or even more aggressively. Once major players lower prices, the entire industry’s pricing system will have to fluctuate accordingly.

But from another perspective, this may not be a bad thing for the entire sector. More and more traditional funds are willing to enter due to compliance and security endorsements, expanding the market base. The liquidity and acceptance of leading tokens like $BTC and $ETH will further improve, and new incremental funds will gradually flow in. Players who truly understand the underlying blockchain logic may have the opportunity to seize this wave.

In the short term, the market will definitely see adjustments and intensified competition, but in the long run, compliance and the entry of正规军 are essential steps toward industry maturity. The landscape of 2026 will be very interesting to watch.