# Deep Tide TechFlow News



On March 25, according to CoinDesk, Robin Vince, CEO of BNY Mellon, stated at the New York Digital Asset Summit that large financial institutions will lead the next phase of cryptocurrency adoption, with banks serving as bridges between traditional finance and the digital asset ecosystem.

Vince highlighted tokenization as a key direction, noting that BNY has created a new tokenized share class for money market funds and believes that existing systems with inefficiencies in areas such as lending and real estate will be the first to benefit from tokenization. He also emphasized that regulatory clarity and trust mechanisms are prerequisites for broad institutional participation, stating that "unclear regulation will slow down adoption."
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