According to Cointelegraph, while blockchain technology is technically prepared for institutional use, legal teams at major firms remain hesitant to fully integrate it. At the Token2049 event in Dubai, Austin Federa, founder of DoubleZero Labs and former head of strategy at Solana, emphasized that high-performance blockchains like Solana are capable of supporting large-scale institutional operations. However, the reluctance of legal teams to embrace the technology is a significant barrier. Federa noted that although blockchains such as Solana are fast enough for institutional use, the challenge lies in getting institutions and their legal advisors comfortable with cryptocurrency
source: https://www.binance.com/en/square/post/23882164845170?utm_source=BinanceNewsRSS