finance
Executives at Consensus Miami 2026 Say Banks Are Integrating Crypto Infrastructure
Executives from Ondo, Robinhood and Babylon Labs stated that banks are adopting blockchain technology and tokenized assets. They described a shift in discussions from explaining blockchain to implementing it on existing systems. Institutional adoption remains limited by regulation and legacy infrastructure.
May 6, 7:21 AM·1m read1 source
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Executives from Ondo, Robinhood and Babylon Labs stated at Consensus Miami 2026 that banks and traditional finance firms are integrating crypto infrastructure. They described tokenized treasuries and stablecoin products as offering settlement speed and weekend access not available in conventional markets.
Institutional adoption continues along separate tracks for regulated U.S. finance and offshore crypto markets.
White of Robinhood and Bitstamp said conversations with banks have moved from definitions of blockchain to practical construction of products. Ian De Bode of Ondo cited partnerships with Broadridge and the Depository Trust & Clearing Corporation aimed at tokenizing securities and enabling blockchain-based shareholder voting.
Boris Alergant of Babylon Labs said institutions now prioritize capital efficiency through bitcoin-backed lending that preserves custody.
Bode noted that tokenized treasury products allow minting and redemption over weekends with daily yield accrual. White said banks are proceeding cautiously while awaiting clearer regulatory guidance. Alergant argued that permissionless decentralized finance will likely remain separate from U.S. regulated systems, though the two may converge as liquidity deepens.
