New fundraising rounds for three institution-focused blockchains show how regulation, privacy and corporate competition are reshaping crypto infrastructure, according to Bitwise CIO Matt Hougan. Arc, Canton and Tempo have collectively raised more than $1 billion at valuations topping $10 billion. Bitwise CIO Matt Hougan said privacy features could become essential as crypto moves into mainstream finance. The fundraising boom highlights how U.S. stablecoin legislation is accelerating institution…
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