Bitwise CIO: GENIUS Act Opens Institutional Funding Gates, Three Major Enterprise Chains Raise Over 1 Billion Dollars Combined

According to ChainCatcher, as reported by The Block, Bitwise Chief Investment Officer Matt Hougan pointed out that three enterprise-grade blockchains—Arc under Circle, Canton Network, and Tempo under Stripe—have recently completed a combined funding of over 1 billion dollars. All three rounds of funding took place after the signing of the GENIUS Act in July 2025. Hougan believes this Act broke the previous regulatory stalemate that suppressed institutional capital entry.

Hougan summarized three major signals: First, all three blockchains have native privacy transactions as a core design element to meet institutions’ needs for confidential transactions. Second, the implementation of the GENIUS Act has significantly reduced regulatory uncertainty, and the next key variable is the ongoing Clarity Act, which is expected to benefit stablecoins and tokenization infrastructure. Third, the three chains are backed by top institutions such as Goldman Sachs, Citadel, BlackRock, Stripe, and Visa, forming a marked contrast with Ethereum and Solana, which started out as grassroots projects.

Hougan stated that his capital still mainly bets on native crypto projects and believes that the emerging enterprise chains will raise the overall competitive standard and attract more capital inflow.