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…

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