In a recent statement, Mike Belsche, CEO of BitGo, emphasized the importance of crypto firms going public to foster trust in digital assets and effectively engage with Wall Street.

Belsche pointed out that the scrutiny from Wall Street has intensified, which makes transparency and proactive compliance with regulations essential for establishing credibility.

With the current political landscape under Trump and a Republican-controlled Congress, Belsche believes there is significant potential for favorable regulatory changes for the crypto industry.