CoinDesk·4 min read·hard

The $11.2 billion in 2026 funding that killed crypto’s permissionless era

O
Olivier Acuna
The $11.2 billion in 2026 funding that killed crypto’s permissionless era
AI Summary

Data from NeosLegal suggests that the crypto industry is shifting away from its 'permissionless' roots toward regulated business models. Major financial institutions are increasingly funding regulated entities, particularly in payments, stablecoins, and prediction markets.

"There is an irony at the heart of crypto, and it took an $11.2 billion dataset to make it obvious," said Dubai-based crypto lawyer Irina Heaver, founder of NeosLegal. "The industry was born on a single promise: permissionless. Money and markets that answer to no gatekeeper."

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