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[Tom Lee: 99% of Financial Activity Still Relies on Traditional Infrastructure; Banks Need to Be Wary of Lagging Crypto Transformation] Tom Lee, Chairman of Ethereum treasury company Bitmine, stated in an interview that approximately 99% of financial activity still operates on traditional financial infrastructure. However, this situation may create a misleading near-term bias, causing investors and businesses to underestimate the growth potential of the crypto market. Lee believes that because cryptocurrencies are currently considered a niche market, financial institutions may overlook the speed at which the traditional financial system is transitioning to crypto infrastructure. As crypto market adoption increases, banks that have not yet established crypto businesses or related infrastructure may face a competitive disadvantage.