Pantera Capital's Franklin Bi also outlined a new market cycle, the GENIUS Act's implications for stablecoin rules and the rise of digital asset treasury companies during WebX2026.
A WebX2026 session focused on how tokenized RWA (real-world assets) is expanding beyond early experimentation into liquid traditional instruments such as cash, deposits and MMFs (money market funds). Speakers from Franklin Templeton, Ondo Finance, Pantera Capital and RWA.xyz examined how putting these assets on-chain could widen access, improve settlement efficiency and deepen links between conventional finance and crypto markets. The discussion also broadened to the wider digital-asset backdrop, with Pantera Capital general partner Franklin Bi drawing on the firm's more than 250 crypto and blockchain investments since its 2013 founding to discuss a new market cycle, the impact of the GENIUS Act on stablecoin regulation and the rise of digital asset treasury companies.