At the recent ONDO Summit 2025, the CEO of Galaxy Digital shared his insights on the current changes within the crypto industry.
Shifts in the Crypto Industry
At the summit, it was noted that after several years of misunderstanding and pressure, sentiment in the crypto industry began to shift positively. New SEC leadership and the rising popularity of Bitcoin have spurred interest in the role that cryptocurrencies could play in both the financial and consumer sectors.
Bitcoin Predictions
Novogratz emphasized that Bitcoin has established itself as a store of value and will continue to grow globally. He predicts that Bitcoin might even end up on government balance sheets within the next six months, although integrating it may take time. CITE_W_A: "Bitcoin has a store of value, it's carved out a lane, it is becoming global. It might or might not be on the government's balance sheet in six months. I actually think it will. I think there are people trying to figure out how to do it gracefully, and so I don't think Bitcoin's going away," he said.
Role of Stablecoins
It was also noted that stablecoins are becoming significant players in the financial system, with legislation regulating them actively advancing. The importance of the crypto industry was highlighted by the meeting of its leaders with prominent figures at high-level events, signifying a high level of recognition and acceptance of technology.
The ONDO 2025 summit demonstrated how far the crypto industry has come in its development and recognition. Expectations regarding Bitcoin and stablecoins add optimism for the sector's future.
