Bitcoin's security focus boosts institutional interest amid DeFi risks, says Blockstream CEO Adam Back.

At Consensus Miami 2026, Blockstream CEO Adam Back highlighted that recent DeFi security breaches have increased institutional preference for Bitcoin due to its simpler, security-first design. He explained that Bitcoin’s conservative architecture and layer-2 solutions like the Liquid Network enable secure tokenization and decentralized finance without compromising safety. Back also predicted the next wave of Bitcoin adoption will come from institutional portfolio allocations, sovereign entities, and pension funds, marking a shift from retail and ETF-driven growth to more managed institutional involvement.