At the recent ONDO Summit 2025, Galaxy Digital CEO Mike Novogratz suggested the possibility of Bitcoin making its way to the U.S. government's balance sheets. This statement underscores a transformation in crypto perception and its potential integration into traditional financial systems.
Shift in Crypto Perception
Mike Novogratz highlighted significant changes in the mood of the crypto community:
> *“After years of feeling marginalized and misunderstood, the mood in crypto has changed dramatically.”*
He attributes this shift to new leadership at the SEC and a renewed interest in Bitcoin. Novogratz sees several companies debuting on major exchanges by mid-2025.
Bitcoin: From Digital Asset to National Reserve?
Novogratz states that Bitcoin has already established itself as a store of value and could be included in government financial statements within six months.
> *“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 added.*
This view aligns with recent moves by states like New Mexico considering legislation to invest public funds into Bitcoin.
The Rise of Stablecoins and Regulatory Momentum
Novogratz also pointed out the growing prominence of stablecoins in the financial ecosystem. He remarked that
> *“Stablecoins are becoming significant players,”*
with advancing legislation for their integration. He shared observations of the strong crypto energy during recent high-profile events.
The potential inclusion of Bitcoin on government balance sheets signals a significant change in the economic landscape. This highlights the importance of digital currencies in future government financial strategies. However, there are challenges, including potential political influence and market price volatility.
