Rising regulatory frameworks, such because the EU’s Markets in Crypto-Belongings (MiCA) and Singapore’s Cost Providers Act (PSA), are offering much-needed readability. Traditionally, personal blockchains have been the go-to selection for establishments, serving as safe and compliance-friendly sandboxes. Nevertheless, their restricted and siloed nature limits participation, resulting in low liquidity, inefficient value discovery, and volatility for in any other case secure belongings. With elevated regulatory readability, decentralized blockchains, like Ethereum or Solana, will doubtless change into the favored path for establishments.