# Crypto's Quadrillion Dollar Endgame?

*Author: Bankless*
*Published: May 15, 2025*
*Source: https://www.bankless.com/fr/read/cryptos-quadrillion-dollar-endgame-3*

---

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/03/image---2025-02-20T172759.309.png)](https://www.bankless.com/sponsor/frax-1737128738?ref=read/cryptos-quadrillion-dollar-endgame&email=true)

  

Crypto's Quadrillion Dollar Endgame?
  

  
  Published on May 15, 2025

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

---
[**Sponsor: Frax**](https://www.bankless.com/sponsor/frax-1737128738?ref=read/cryptos-quadrillion-dollar-endgame&email=true) — Fraxtal Ecosystem: Where DeFi Meets AI.

[Learn More](https://www.bankless.com/sponsor/frax-1737128738?ref=read/cryptos-quadrillion-dollar-endgame&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
DOJ vs. Roman Storm
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/05/Group-14---2025-05-15T183155.729.png)](https://www.bankless.com/)- 👨‍⚖️ **DOJ Proceeds with Case Against Tornado Cash's Roman Storm. **Despite dropping part of a charge related to operating an unlicensed money transmitter, the DOJ is [planning to continue](https://www.bankless.com/read/doj-proceeds-with-case-against-tornado-cashs-roman-storm) its prosecution of Storm over charges related to money laundering.
- 🥷** Massive 'Illicit' Online Marketplace Shuts Down After Telegram Takes Action.** The marketplace, Haowang Guarantee, [operated](https://www.bankless.com/read/massive-illicit-online-marketplace-shuts-down-after-telegram-takes-action) via Telegram and reportedly had upwards of $26B in USDT transactions flow through it.
- 💰** FTX Beginning $5B in Creditor Payouts on May 30.** The lengthy process to reimburse creditors of the defunct exchange is [nearing resolution](https://www.bankless.com/read/ftx-beginning-5b-in-creditor-payouts-on-may-30).
📸**Daily Market Snapshot: **One week after ETH's giga-pump, the asset is holding steady near $2,500. What will it take for the next breakout?

Prices as of 7pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.31T
       

  
    
    ↘ 0.7%
    
  

   
    
    ↗ 2.8%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $103,536
       

  
    
    ↗ 0.1%
  

   
    
    ↗ 0.6%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,541
       

  
    
    ↘ 2.0%
  

   
    
    ↗ 16.7%  

 

.  .  .

 
  
    
      
      CHEAT SHEET
    
    
  
  
    
Onchain Stocks

    
  
 

*Every Thursday, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out!* 👇

[Become a Citizen](https://www.bankless.com/join)

.  .  .

 
  
    

PLAY OF THE WEEK

  
  

Crypto's Quadrillion Dollar Endgame?
  
   
     
     Bankless Analyst: 
     
       [
       
        Jack Inabinet](https://www.bankless.com/author/jack)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/05/image---2025-05-15T182037.275.png)](https://www.bankless.com/read/cryptos-quadrillion-dollar-endgame)Crypto is on a mission to tokenize everything, and there is no bigger prize than traditional markets!

With over a quadrillion dollars in value [locked](https://www.lseg.com/content/dam/data-analytics/en_us/documents/charts/lseg-size-of-global-market-2024-in-charts.pdf) behind the walled gardens of TradFi, the size of this opportunity is truly staggering. Should crypto win, the blockchain won’t just be for trading memes and JPEGs: it will become the foundation for global capital markets.

But tread carefully, for not all tokenized assets are created equal. *Here are five of the leading platforms onchain investors are already using to access tokenized investment opportunities. 👇*

[Unlock the Alpha](https://www.bankless.com/read/cryptos-quadrillion-dollar-endgame)
---