Privacy emerges as crypto’s next ‘killer app’, according to Bitwise CIO Matt Hougan

May 12, 2026 - 21:00
Privacy emerges as crypto’s next ‘killer app’, according to Bitwise CIO Matt Hougan
Arc, Canton and Tempo, three blockchains focused on stablecoins and tokenization, have raised more than $1 billion combined, highlighting rising institutional demand for privacy-focused crypto infrastructure, according to Bitwise CIO Matt Hougan. Stablecoin issuer Circle (CRCL) recently raised $222 million at a $3 billion valuation for Arc, while Digital Asset is reportedly raising $300 million...

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