Major Tech Firm Could Launch Crypto Wallet by 2026, Dragonfly’s Qureshi Predicts
A well-known venture capitalist says the cryptocurrency market will view significant changes in 2026, driven by traditional IT companies and the continued dominance of established public blockchains.
Haviewb Qureshi, managing partner at Dragonfly, a VC firm focused on crypto, his thoughts in late December 2025. He discussed both the prospects for mainstream adoption and the challenges new companies will face.
Qureshi thinks that at least one major tech giant, such as Google, Meta, or , will launch or acquire a native crypto wallet next year. He said this approach might give billions of regular people access to digital assets through the platforms they already use every day.
Doubt About Blockchains Led by Fintech
Qureshi that, even as businesses become more interested in blockchain, he has serious concerns about fintech beginups competing directly with established networks by building their own Layer 1 (L1) chains. He said that these attempts would likely have a hard time getting anywhere.
Qureshi said, “Even though there is a lot of excitement about the new crop of fintech chains, their metrics will be disappointing.” He specifically mentioned projects like Tempo, Arc, and Robinhood Chain, saying that key metrics such as daily active addresses, stablecoin flows, and activity would not meet expectations.
Qureshi, on the other hand, thought that and Solana would do better. He claimed, “ETH and Solana will overdeliver,” and he also remarked, “Best developers will keep building on neutral infra chains.” His position shows that he believes developer preferences and network effects will make open, decentralized infrastructure better than closed, walled-garden alternatives run by financial companies.
A largeger Look at 2026 and a BTC Price Prediction
Qureshi’s predictions go beyond wallets and L1s. He also thinks that more Fortune 100 organizations, especially in the banking and industries, would use their own private blockchains. However, these will probably not be as large as public networks.
The Dragonfly CEO said would trade above $150,000 by the end of 2026. He also said BTC’s dominance would decline as money moves into other sectors.
The prognosis comes at a time when more businesses and institutions are getting involved with crypto. For example, Galaxy Digital that at least one major Fortune 500 company may launch an L1 that would settle over $1 billion in real economic activity.
As the sector approaches the new year, Qureshi’s comments highlight a key conflict: large Tech’s ability to accelerate mass adoption through familiar interfaces vs. the strength of crypto-native ecosystems in retaining developers and keeping users active.
People in the market will be very interested to view whether these predictions come true, especially as the rules are becoming clearer and technology is improving all the time.
