Tech Giant to Launch Crypto Wallet, Fintech L1s to Bomb in 2026
Dragonfly's Haseeb Qureshi predicts a Big Tech firm will launch a crypto wallet by 2026, while fintech L1s will fail against established chains.Summary
Haseeb Qureshi, managing partner at crypto VC firm Dragonfly, predicts that by 2026, a major Big Tech company (like Google, Meta, or Apple) will launch or acquire a crypto wallet, potentially onboarding billions of users. He also anticipates that many Fortune 100 companies, particularly in banking and fintech, will launch private, permissioned blockchains connected to public chains using tools like OP stack, leveraging Avalanche. Conversely, Qureshi is bearish on new Layer 1 blockchains launched by fintech firms, stating they will fail to attract sufficient users to challenge crypto-native networks like Ethereum and Solana, whose metrics will ultimately overdeliver. Regarding Bitcoin, he forecasts a price above $150,000 by the end of 2026, though its market dominance will decrease. Finally, he expects prediction markets to boom but sees limited utility for AI in crypto beyond security by that time.
(Source：Cointelegraph)