For the longest time there has been a group of people looking to try and get crypto in with main stream adoption. Which sure sounds good as price goes up but the real issue comes in that with that adoption comes a massive issue of what bitcoin and crypto was founded on and that was decentralization.
With banks becoming custodial accounts decentralization starts to go out the window especially for proof of stake tokens which become more and more centralized to these larger entities.
What was once a issue with mining power centralization for bitcoin was fixed with proof of stake however in recent years even that has changed.