Crypto Security Spending Overtakes Wall Street as Physical Threats Surge

The article reports a surge in physical-security spending across the crypto industry, noting that firms now outspend major Wall Street banks on executive protection. Coinbase plans to allocate about $7.6 million for CEO security in 2025 (a >20% year-over-year rise), and security firms report inquiries jumping from one per quarter to roughly one per week. The trend—visible at Bitcoin 2026 with guarded speakers and a sold-out home-invasion workshop—signals industry maturation but raises concerns about uneven protection for smaller firms and retail investors. Market implications include potential impacts on investor confidence, higher operating costs for exchanges and executives, and increased regulatory scrutiny around personal and institutional security practices.