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Big Tech May Launch Crypto Wallets by 2026, Says Dragonfly's Haseeb Quershi

Key Takeaways

  • Haseeb Qureshi expects a major tech company like Google, Meta, or Apple to release a crypto wallet by 2026;
  • Large banks and fintech firms are testing private blockchains using tools like Avalanche, OP Stack, and ZK Stack;
  • Qureshi doubts that fintech-built blockchains will succeed, and said Ethereum and Solana will continue to lead the market.

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Big Tech May Launch Crypto Wallets by 2026, Says Dragonfly's Haseeb Quershi

Haseeb Qureshi, managing partner at the crypto investment firm Dragonfly, expects one of the major technology companies, such as Google, Meta, or Apple, to introduce or buy a crypto wallet in 2026.

Qureshi noted that this could bring digital currencies to billions of users worldwide.

In a post on X, Qureshi said that large companies, especially in banking and financial technology, are preparing to build blockchain systems.

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Many of them may use platforms like Avalanche AVAX $12.47 and tools such as OP Stack, Orbit, or ZK Stack. These systems would help create private, permissioned networks that still link to public blockchains.

Several financial firms, including JPMorgan, Bank of America, Goldman Sachs, and IBM, have already developed private blockchain projects. Most of these are still in testing or limited use.

However, Qureshi is not confident in the success of new blockchains built by fintech companies. He said these projects will likely fail to attract enough users or activity to compete with established public blockchains such as Ethereum ETH $2,971.58 and Solana SOL $124.30 .

According to him, projects like Tempo, Arc, and Robinhood Chain will deliver disappointing results across key areas, including active users, stablecoin activity, and real-world asset activity.

Qureshi added that the most skilled developers will continue working on open and neutral networks, where innovation is not restricted by corporate control.

Meanwhile, 10x Research reported that blockchain‑based prediction platforms have emerged as a popular hub for speculation. How? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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