Lukka’s Materazzi: Crypto Is Here, and All the Biggest Banks Know It

Crypto businesses are increasingly leaning into traditional banking products, Materazzi said, and he is excited to see how traditional banking starts to merge with digital assets.

article-image

Robert Materazzi, CEO of Lukka

share

key takeaways

  • Robert Materazzi sees further regulation as an opportunity to bring greater security and legitimacy to the digital asset space, if done well
  • There is going to be an increase in traditional financial institutions leaning into crypto products and offerings, he said

Banking in cryptocurrencies is here to stay, Robert Materazzi, CEO of Lukka, told Blockworks earlier this month at the Bretton Woods: The Realignment conference. 

“I don’t think that many people can argue that it isn’t here,” said Materazzi “All of the big banks are working on it in some way, with actual business units, if they haven’t already launched, they are just about to, which is very exciting.” 

Crypto businesses are increasingly leaning into traditional banking products, he said, and he is excited to see how traditional banking starts to merge with digital assets. 

Materazzi, who works closely with regulators day-to-day, is excited about how further regulation can elevate the digital asset space. 

“Buy some crypto, first,” Materazzi said of his advice to regulators trying to better understand the space. “What I mean by that is get your hands dirty, you have to actually go through the motions.” 

Watch my full interview with Materazzi below.

Want more investor-focused content on digital assets? Join us September 13th and 14th for the Digital Asset Summit (DAS) in NYC. Use code ARTICLE for $75 off your ticket. Buy it now.

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Nillion_DeSci_Report_Template.png

Research

Nillion’s Monad Integration is poised to catalyze the next phase of DeSci’s evolution by eliminating key privacy bottlenecks. This synergy allows researchers, institutions, and DAOs to exchange sensitive data and insights securely while managing governance and payments onchain.

article-image

Celebrating the wisdom of a diamond-handed Bitcoin Legend

article-image

With the success of RWAs and stablecoins, DePINs could onboard the next wave of crypto users

article-image

Is crypto straying too far from things of value?

article-image

Firedancer and Solana ETFs look less significant than before

article-image

The newly passed House bill amplifies that strategic pivot for the Trump administration, from attempting austerity to running the economy hot

article-image

Unable to secure further funding, the game cycled through three different blockchains and at least five different game engines since 2018