While blockchain infrastructure may be ready for institutional use, many legal teams at large firms remain cautious about full integration with the technology.
At the Token2049 event in Dubai, DoubleZero Labs founder and former Solana head of strategy Austin Federa told Cointelegraph that today’s high-performance blockchains like Solana are technically capable of supporting large-scale institutional usage. However, lawyers still need to catch up.
“Most blockchains nowadays, especially things like Solana, are fast enough for institutions to use them,” Federa said. “It’s really more about the institutions and the institution’s lawyers getting comfortable with crypto.”
Federa added that institutional lawyers and compliance teams are still addressing regulatory concerns. The executive said this may slow adoption despite the growing regulatory clarity in key markets like the United States.
DoubleZero Labs founder Austin Federa. Source: CointelegraphInstitutions are coming; they just move slow
According to Federa, technical infrastructure is no longer a primary barrier