Virtual Assets, from $7 Billion to $2.6 Trillion...Famous Early Investor Says "A New Chapter Has Opened"

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The virtual asset market has continued its explosive growth over the past decade, expanding to a market capitalization of $2.6 trillion. The industry, which was once in its early experimental stages, is now being evaluated as having established itself as a pillar of the global financial system.

According to U.Today on the 24th (local time), Barry Silbert, founder of Digital Currency Group (DCG), highlighted the growth trajectory of the virtual asset market via X (formerly Twitter). Silbert emphasized the industry's maturity by noting that the total market capitalization, which was only about $7 billion in 2012, has now expanded to $2.6 trillion.

Silbert is considered an early investor who directly witnessed the growth of major assets such as Bitcoin (BTC) and Ethereum (ETH). He consistently trusted the long-term potential of the market, even through major setbacks like the Mt. Gox bankruptcy. DCG, with Grayscale and CoinDesk under its umbrella, is regarded as a key player in the institutional integration of virtual assets.

The current market is showing a different trend than in the past. After the approval of spot Bitcoin ETFs, institutional funds have begun to flow in earnest, significantly changing the liquidity structure. The analysis that virtual assets are expanding beyond mere speculative assets to a global financial asset class is gaining traction.

The industry as a whole has also entered a new phase. It is transitioning from a market focused on price volatility to a structure where infrastructure stability and regulatory framework discussions are held in parallel. Silbert's remarks are interpreted as a message that both reflects on the growth of the past decade and expresses anticipation for future market expansion.

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