According to ChainCatcher news reported by The Block, HTX Ventures released its 2024 annual review report indicating that five tracks showed positive progress in 2024—Bitcoin ecosystem, infrastructure, meme coins, AI coins, and the TON ecosystem—and stated that it will continue to closely monitor these areas in 2025.
HTX Ventures stated that Donald Trump is expected to abolish SAB 121 after taking office on January 20, 2025, which will allow traditional financial institutions to hold crypto assets on their balance sheets, further accelerating the institutionalization process of crypto assets. The repeal of this regulation will not only provide more financing options for cryptocurrencies but also make spot cryptocurrencies more accessible through existing institutional exchanges and partnerships.
Meanwhile, this regulatory easing is expected to enhance the overall maturity of the institutional crypto market. With the entry of traditional financial institutions, Bitcoin is expected to receive stronger support and gradually establish its position as a core dollar-denominated asset, alongside other assets linked to the dollar's industrial cycle (such as artificial intelligence).
HTX Ventures pointed out that the current market is still a long way from its bull market peak. Against the backdrop of Trump’s fiscal expansion policy and unprecedented crypto-friendly signals, a strong bull market is expected.
