CoinShares International Ltd. has released its 2026 Digital Asset Outlook, highlighting a significant shift in the digital asset landscape from disruption to integration with traditional finance. The report introduces the concept of 'hybrid finance,' where blockchain technology merges with established financial infrastructure. Key findings include the rapid growth of stablecoin transaction volumes, now rivaling those of Visa and Mastercard combined, and a surge in tokenised assets, particularly private credit and US Treasuries. Major financial institutions such as BlackRock and J.P. Morgan are actively issuing tokenised funds and deposits on public blockchains, signaling deepening institutional involvement. The outlook also notes the mainstream adoption of Bitcoin, with US spot ETFs attracting over $90 billion and corporate treasuries holding more than one million BTC. CoinShares forecasts continued integration and consolidation of digital assets into the real economy throughout 2026.