Bitcoin lenders may need to become more like traditional finance firms if they want institutional capital to continue flowing into the sector, according to Alexander Blume, founder and CEO of institutional bitcoin lender Two Prime. He argued that the next stage of crypto credit growth will depend on standardization, transparency, and risk management. This follows a shift in the sector following the collapse of several major companies including Celsius, Voyager, and BlockFi. Many institutional borrowers have moved away from complex DeFi structures in favor of products centered on transparent custody, standardized contracts, and clearly identifiable counterparties. Speakers suggested that institutional finance and crypto-native finance remain fundamentally misaligned in their approaches to risk.