According to ChainCatcher news and a report from The Block, HTX Ventures released its annual review for 2024, indicating that five sectors have shown positive progress—Bitcoin ecosystem, infrastructure, meme coins, AI coins, and the TON ecosystem—and stated 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 of crypto assets. The repeal of this regulation will not only provide more financing options for cryptocurrencies but will also make spot cryptocurrencies more accessible through existing institutional exchanges and partnerships.
Meanwhile, this regulatory relaxation is expected to enhance the overall maturity of the institutional crypto market. With the entry of traditional financial institutions, Bitcoin is expected to gain 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 noted that the current market is still a long way from its bull market peak. In the context of Trump's fiscal expansion policies and unprecedented crypto-friendly signals, a strong bull market is expected.
