As artificial intelligence flourishes and the "institutionalization craze" driven by tokenization, Multicoin Capital predicts that 2025 will be a "pivotal year" for Web3,
This report titled Frontier Ideas for 2025 forecasts that "Zero-Employee Companies" operated by artificial intelligence will rise, security tokens will "take off in meaningful ways", and the pace of institutional adoption will reach "dizzying" levels.
Meanwhile, investors' attention will shift to "Alpha Hunters" of AI Agents to cope with the growth of new tokens and crypto-native financial products.
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ToggleInstitutional Adoption
Analysts predict that driven by the victory of US President-elect Donald Trump and the surge of Bit and ETH ETFs, 2025 will be one of the most glorious years in the history of cryptocurrencies.
Multicoin states:
"With a pro-crypto government about to take office in the US, and record-breaking success of BTC ETFs, we are about to see the silence of institutions over the past five years broken, as they rapidly take steps to embrace cryptocurrencies."
According to Bloomberg Intelligence data, in November 2024, the net assets of the US BTC ETF first exceeded $100 billion.
In terms of security tokens, Multicoin expects tokenized private credit and equity in startups to thrive first, while tokenized public equities will take off later. At the same time, "almost every existing financial institution will scramble to offer crypto-centric core financial products". Multicoin states:
"Blockchains ensure that all participants can access an instantly verifiable and tamper-proof transaction record. This transparency and security contrasts sharply with the opacity and sometimes higher risk of centralized databases in traditional finance."
Agentic AIs
In 2025, Agentic AIs - machines capable of autonomously pursuing complex goals - will begin to reshape the digital economy, building Web3 applications, issuing tokens, and autonomously interacting with humans.
Multicoin states:
"With the emergence of more advanced chain-of-thought reasoning models, AI models have evolved to the point of being able to think, plan, execute, and self-correct in the process."
Multicoin expects the next generation of AI agents to become "Alpha Hunters" - agents whose sole mission is to "automatically and continuously seek and trade Alpha (excess returns) targets in real-time."
Ultimately, Multicoin predicts that "crypto capital markets will fund audacious zero-employee companies to attempt" breakthroughs across various business operations domains that could be "incredibly disruptive".
