30 July 2025
The first half of 2025 has marked a shift in the institutional digital asset conversation – from talking about potential to seeing real progress. The evolution is no longer hypothetical. A clearer path is emerging, even if institutions still need more to fully commit. For VersiFi, it’s been a busy year as we work to help these firms take full advantage of the progress.
Market structure is evolving quickly. Previous years have pointed the way to this shift, with regulatory frameworks like the EU’s MiCA providing a blueprint for what clear guidance can look like. This year, the U.S. – long a poster child for the lack of clarity holding this market back – has followed suit, resulting in a flurry of activity:
As we’ve noted, the implications of all this are transformational – not just for central governments or firms trading in the U.S., but for crypto as a whole. The framework for mass, global-scale adoption is taking shape – and while there’s work to be done, financial institutions cannot afford to be sitting on the sidelines when the tipping point does occur.
VersiFi is helping them meet the moment.
Our momentum was supercharged in May 2024 when we acquired Ather Digital, which enabled us to integrate direct market access, algorithmic trading and smart order routing into our trading technology suite.
Our early user base has already begun leveraging these tools in their trade operations; over the past six months, daily trading volumes have increased tenfold. Early adopters have said leveraging our execution algos “has been faster, easier and cheaper than building out our own and has provided significant cost savings for our fund by improving order execution.”
We also headed into the year with a major milestone under our belt: having received our in-principle approval from the Abu Dhabi Global Market (ADGM), giving us a strategic foothold in a major global crypto hub to fuel international expansion. In a feature in Gulf News, we broke down the key factors shaping global institutional crypto adoption and how recent regulatory developments in the U.S. could impact the digital asset landscape in ADGM and Dubai. This April, we brought that global perspective to TOKEN2049, where our team connected with forward-looking institutions from across the region. We anticipate additional regulatory approvals in key jurisdictions before the end of the year – further contributing to the global ecosystem already strengthened by the U.S.
2025 has continued much of that momentum. As I said last month in e-Forex magazine: “When selecting a digital asset provider, institutions are ultimately looking for the same fundamentals they expect in traditional markets: trust, performance and efficiency.” That has been our primary goal as a company, and we’ve made great headway in achieving it. Now, we’re getting close to following through on a much broader scale, providing market participants with fast, seamless infrastructure and trusted, regulated rails for institutional ramp-up.
The second half of 2025 is shaping up to be even bigger.
We anticipate more regulatory clarity, more institutional adoption and more opportunity and expansion for VersiFi. We will continue to meet institutions exactly where they are, and help them move confidently into the markets of tomorrow. Watch this space.
