Tom Lee says crypto bull market has just begun, with Wall Street tokenization driving gains

Wall Street’s adoption of asset tokenization and blockchain settlement networks could drive one of the largest cryptocurrency bull cycles yet, according to Tom Lee. The shift would extend beyond dollar-backed stablecoins to a wider range of assets, bringing financial institutions more deeply into blockchain infrastructure, Lee said. In an Altcoin Daily interview on November 7, the Fundstrat founder described the roughly year-long crypto downturn as over and said a new bull cycle had begun. Lee identified Wall Street adoption as the central theme of that cycle.

Source: TokenPost