PANews reported on June 10th, citing Axios, that traditional financial institutions are accelerating their deployment of crypto assets and tokenized products, weakening the long-standing antagonism between Wall Street and the crypto industry. Kraken co-CEO David Ripley stated that almost all traditional financial services institutions will offer clients crypto assets, including Bitcoin and Ethereum, making it "a major theme for 2026." He pointed out that the popularity of stablecoins proves investors are willing to hold blockchain-based versions of traditional assets, and the next step will be the tokenization of assets such as publicly traded stocks. Kraken plans to open up tokenized IPO shares to retail investors to increase participation in the early growth stages of large companies. Meanwhile, Nasdaq is extending its trading hours, and coupled with trends such as AI, stablecoins, tokenization, and 24/7 trading, financial markets are evolving towards greater globalization, digitalization, and a more "7x24" approach.