Galaxy Founder: BTC Continues to Pump, Security Tokenization Attracts Attention in the Financial Sector

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Dialogue with Galaxy Founder: Bitcoin will continue to pump, securities tokenization will attract follow in the financial sector.

Mike Novogratz, the founder and CEO of Galaxy Digital, believes that the growth of the Bitcoin market has entered an irreversible stage. He stated that while the dollar will not lose its status as the global reserve currency, its appeal may weaken. Other countries may see a decrease in their trust in the dollar and choose to shift part of their reserves towards Bitcoin and gold.

Novogratz pointed out that no president can compete with the bond market; the bond market is the true "behemoth" that controls the situation. He believes that blockchain is essentially a "trust machine," and we first need to teach people how to trust this "trust machine," or else it will just look like a scam.

Regarding the GENIUS Act, Novogratz expects a passing rate of up to 99%. He stated that cryptocurrency is loved by many, and it should be a bipartisan technology rather than a politicized tool. For most Americans, cryptocurrency currently resembles a speculative casino.

Novogratz believes that what will truly draw the attention of the entire financial sector is tokenized stocks. Cryptocurrencies must go beyond single assets to truly impact the entire financial market. He stated that Galaxy is working with the SEC and may tokenize Galaxy's stocks in the near future.

He pointed out that there is now sufficiently fast blockchain technology, and a regulatory environment that is both loose and clear has also emerged. Both of these points are very important and complement each other. Novogratz stated that in the future, there is a need to promote the establishment of decentralized systems and accelerate the tokenization process of assets. He expects to see bank accounts, checking accounts, and even brokerage accounts existing in the form of cryptocurrency wallets in the future.

Regarding the future development of Galaxy, Novogratz revealed that the company is developing data center business, which will bring stable income to the company. He believes that there will definitely be an intersection between artificial intelligence and cryptocurrency in the future, and there will be some competition between the decentralized characteristics of blockchain and the centralized power of artificial intelligence. Novogratz stated that Galaxy is trying to create a collision between these two fields to find new possibilities.

Dialogue with Galaxy Founder: Bitcoin will continue to pump, stock tokenization will attract the attention of the entire financial sector

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LonelyAnchormanvip
· 07-06 14:14
bull run冲冲冲 Buy and increase the position
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SelfCustodyIssuesvip
· 07-05 09:02
btc要To da moon咯
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BlockchainBouncervip
· 07-05 06:06
Laughing to death, bullish again.
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ZKSherlockvip
· 07-05 01:45
actually... their privacy model is fundamentally flawed
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BearMarketBarbervip
· 07-05 01:43
Rise and that's it.
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0xOverleveragedvip
· 07-05 01:38
Let's talk when BTC is bullish.
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GreenCandleCollectorvip
· 07-05 01:21
The bull run is here, let's go!
View OriginalReply0
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