Binance founder CZ spoke about Bitcoin's "institutionalization" trend at the Bitcoin Asia 2025 conference in Hong Kong. He stated that while a small number of crypto enthusiasts do not want countries and centralized powers to enter the market, in a decentralized world, anyone can participate—individuals, companies, and even countries.

CZ emphasized that the entry of institutions and countries not only brings more capital and credibility, but also opens up more application scenarios and promotes increasingly clear regulatory rules, making it easier for industry participants to understand what they can and cannot do. He believes that all of this is extremely beneficial to the crypto market.

He also pointed out that price action has already reflected this trend: Bitcoin is now only 5-10% away from its all-time high, while mainstream crypto assets such as Ethereum and BNB are also close to their highs. This fully demonstrates that institutional adoption is becoming an important driving force for market growth.