Crypto tokens and stocks to watch out for following SEC’s Project Crypto: Bitwise
- The SEC’s Project Crypto initiative provides a window of opportunity for investors, says Bitwise’s Matt Hougan.
- Hougan states that Layer-1 tokens, such as Ethereum, that support stablecoins and tokenization are a good investment opportunity.
- Hougan suggests that Coinbase or Robinhood could become the first financial services company to hit a $1 trillion valuation.
In a note to investors on Tuesday, Bitwise Chief Investment Officer (CIO) Matt Hougan stated that several Layer-1 tokens and crypto-focused stocks present a strong investment opportunity following the Securities & Exchange Commission’s (SEC) Project Crypto initiative.
Layer-1 tokens, crypto exchanges to benefit from SEC’s Project Crypto initiative
The Project…