Asset manager Grayscale has named four blockchains best positioned to accommodate institutional inflows following the passage of the CLARITY Act. The list combines Ethereum, Solana, BNB Chain, and Canton Network.
The Digital Asset Market Clarity Act received approval from the Senate Banking Committee by a vote of 15-9 on May 14. The bill would divide oversight of cryptocurrencies between the Securities and Exchange Commission and the Commodity Futures Trading Commission, and now heads to the floor of the full Senate.
Why Grayscale chose these beneficiaries of the CLARITY Act
Ethereum (ETH) leads the field of fully functional on-chain assets, Grayscale wrote. BNB Chain and Solana (Sunday) Follow in second and third place.
The company said the same three networks rank highest in terms of stablecoin supply and overall DeFi value.
The four series were also part of the broader Grayscale series Great coding choices Earlier this year. The company sees regulated capital flowing toward networks with deeper on-chain financial footprints.
This dynamic favors companies already in traditional financing pipelines.
“Regulatory clarity is coming, and the rising tide is likely to lift digital assets broadly. It targets the already leading chains in token assets, stablecoins, and decentralized finance: $ETH, $SOL, $BNB, and $CC,” books In a job.
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The Canton Network takes a different route
The Cantonment Network (CC) is located far from the other three networks. The first privacy-focused layer was created specifically for regulated organizations, and it’s state-of-the-art Launch of the Canton Network ETF It gave individual investors exposure.
It now hosts the US Treasury’s signature DTCC pilot program, and its validators include JP Morgan, HSBC and Visa.
“Wall Street is already connected to the chain. $350 billion is settled daily in Canton, with over $6 trillion in real tokenized assets and institutions like JPMorgan and DTCC in production,” the network said. He said newly.
Grayscale too It has been marked Avalanche, Base, Arbitrum, Hyperliquid, and Tron as Altcoins will benefit From the new framework.
The upcoming vote in the Senate will test how quickly capital follows policy. the Senate Banking Committee vote The first major hurdle was crossed on May 14.
With 60 votes needed for final passage, the bill’s path depends on Democratic support.
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this post Grayscale points to 4 altcoins that could potentially benefit from the CLARITY Law appeared first on BeInCrypto.
