CryptoQuant CEO Says BTC and ETH Price Drop as Fundamentals Grow
- Tokenized securities and stablecoins rise as Bitcoin and Ethereum face price declines.
- CryptoQuant CEO says TradFi-crypto convergence will shape future finance infrastructure.
- Strategy is building a Bitcoin-backed financial firm to bridge with traditional finance.
Bitcoin has dropped to a seven-month low, currently trading at $83,000, down 10% this week. Similarly, the second-largest cryptocurrency, Ethereum, has experienced a notable decline in its price. While the markets are struggling with downturns, major developments in tokenized securities, stablecoins, and TradFi integration are silently taking place.
Ki Young Ju, the founder of CryptoQuant, pointed out this gap as the widest disconnect in seven years. Ju said, “I have never seen fundamentals and price drift this far apart.”
Major Technological Developments Amid Price Decline
Despite crypto prices dropping, the development of tokenized assets, new crypto infrastructure, and stablecoin adoption indicates that the market is shifting away from speculation. According to Ki Young Ju, notable developments in the space signal long-term growth potential.
He cited examples like the emergence of tokenized stock exchanges, such as HelloTrade, being built by former BlackRock digital assets employees. The platform is built to tokenize traditional assets, therefore allowing users to trade in stocks, commodities, and other real-world assets 24/7 through blockchain technology. Recently, it raised $4.6 million in seed funding led by Dragonfly Capital.
Ju further cited Robinhood’s attempts to expand into tokenized securities reflect this shift. The company, led by co-founder Vlad Tenev, is actively pushing forward with its plans to offer tokenized U.S. stocks and ETFs to customers in Europe.
Furthermore, Robinhood’s CEO recently called tokenization an unstoppable force. This expansion into tokenization shows how crypto assets are moving from speculative digital currencies to tools for facilitating real-world, continuous trading of traditional assets.
Crypto’s Increasing Integration with Traditional Finance
While Bitcoin and Ethereum may be experiencing price setbacks, the increasing integration of traditional finance (TradFi) with the crypto ecosystem is laying the groundwork for future innovations in global finance.
Ju pointed out that although he has always believed in the potential of crypto technology, he once felt that it lacked real fundamentals. However, he now observes that, as traditional finance and cryptocurrency converge, much more is being built than most traders realize.
He further cited that Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy), is building a Bitcoin-backed structured finance company designed to bridge the gap between traditional capital markets and Bitcoin.
According to Michael Saylor, the company also launched Stretch ($STRC), a revolutionary Bitcoin-backed treasury credit instrument that provides a variable monthly USD yield to institutional and retail investors.
These innovative trends are part of traditional finance institutions’ investments in digital assets and the introduction of crypto-related products.
Related: Tokenization Is a Freight Train That Cannot Be Stopped, Says Robinhood CEO Tenev
Furthermore, Saylor’s company has issued over $7.7 billion in digital credit securities in 2025 alone. With over 649,000 BTC held by Strategy, it highlights Saylor’s belief in Bitcoin as productive capital. This reflects a growing institutional interest in Bitcoin, which could be used as a basis for a new global financial system.
Ju stated that Bitcoin and Ethereum are at the forefront of this evolution, especially as the fintech and TradFi adoption grows. He states that these are no longer assets for quick gains, noting that crypto assets are likely to play a crucial role in future financial systems.
He added, “If you still think crypto is following classic cycle theory, imagine buying Tesla stock on a DEX three years from now and ask what Bitcoin and Ethereum would be worth in that world.”
