At Consensus Hong Kong 2025, BitGo CEO Mike Belsche highlighted how going public could enhance trust in digital assets.
The Importance of Going Public for Cryptocurrencies
BitGo CEO Mike Belsche believes that becoming a public company is critical for gaining Wall Street's trust, enhancing transparency, and lending credibility to the financial disclosures of cryptocurrency companies.
The Role of the SEC and Regulations
Belsche emphasized the importance of the oversight from the U.S. Securities and Exchange Commission (SEC) and other regulators, noting that due diligence and regulatory processes are vital for trust.
Outlook on Regulation with New Political Appointments
Changes in the U.S. political landscape bring the potential for significant transformations in crypto regulation. Appointments to the SEC and other agencies offer hope for positive changes for the industry.
Public listing can significantly boost transparency and trust in the cryptocurrency sector. Regulatory scrutiny and support are also critical for the industry's growth.
