Kraken Subsidiary Forecasts Bitcoin at $1.4 Million by 2035 Amid Institutional Surge

CF Benchmarks, a subsidiary of the cryptocurrency exchange Kraken, has released a groundbreaking projection that Bitcoin could reach $1.4 million by 2035. This forecast is based on applying traditional capital market assumptions to Bitcoin, emphasizing its unique characteristics as a digital asset. The report highlights Bitcoin's low correlation with traditional asset classes like stocks and bonds, which enhances its appeal for portfolio diversification. Institutional adoption is identified as the primary catalyst for this exponential growth, with data showing a significant surge in corporate interest. Notably, 117 companies have already added Bitcoin to their balance sheets, signaling a major shift in how institutional investors perceive digital assets. This trend is expected to accelerate as more financial institutions recognize Bitcoin's potential to hedge against inflation and market volatility. The analysis from CF Benchmarks underscores the maturation of the cryptocurrency market, where established financial models are now being used to evaluate digital assets. Kraken's involvement through its subsidiary adds credibility to the forecast, reflecting the exchange's deep integration into both crypto and traditional finance. As of December 2025, the convergence of institutional capital and evolving regulatory frameworks continues to drive Bitcoin's integration into mainstream investment portfolios, setting the stage for unprecedented valuation milestones in the coming decade.

Bitcoin Projected to Hit $1.4 Million by 2035 as Institutional Adoption Accelerates

CF Benchmarks, a subsidiary of Kraken, forecasts Bitcoin reaching $1.4 million by 2035, driven by institutional adoption and its growing role in portfolio diversification. The firm applied traditional capital market assumptions to Bitcoin, highlighting its low correlation with traditional assets like stocks and bonds.

Institutional interest is surging, with 117 companies adding bitcoin to their balance sheets as of December 2025. Corporate holdings now represent 6.2% of Bitcoin's total supply—approximately 1.3 million BTC. MicroStrategy remains the largest corporate holder with 671,268 BTC.

A 2%-5% Bitcoin allocation could optimize risk-adjusted returns by 2035, according to the report. Bitcoin's volatility is expected to decline as institutional participation grows, reinforcing its position as a strategic portfolio asset.

Toncoin (TON) Price Dips Despite xStocks Launch on TON Blockchain

Toncoin trades NEAR $1.45, hovering just above a two-month low of $1.42 reached Thursday. The downward pressure persists despite a significant network development: the launch of xStocks, a Kraken-owned platform enabling tokenized US equity trading directly within TON wallets.

xStocks brings Apple, Tesla, Microsoft, and Nvidia shares on-chain through BackedFi's infrastructure, accessible via TON Wallet, Tonkeeper, and MyTONWallet. The integration bypasses traditional brokerage accounts, merging decentralized finance with mainstream equities. Over $180 million in assets already flow through nearly 50,000 wallets.

Technical indicators remain bearish. The RSI sits at 34 while derivatives markets show negative funding rates. Market sentiment appears decoupled from fundamentals as TON's real-world asset adoption accelerates.