JPMorgan’s Grim Take: DeFi & Tokenization Still Underwhelm Despite Crypto Hype

Wall Street's crypto skeptics strike again. JPMorgan analysts just dumped cold water on decentralized finance growth—calling adoption 'disappointing' despite 2025's bull market frenzy.
Tokenization? More like stagnation. While blockchain evangelists promised trillion-dollar asset revolutions, traditional finance keeps yawning at the tech's real-world traction.
Here's the kicker: The same report quietly acknowledges institutional players are still building infrastructure. Maybe they know something the analysts don't? Classic bank move—talk down the market while positioning for the upside.