Bloomberg: Under Trump's push, Wall Street is going all-in on the strong comeback of cryptocurrency

According to Bloomberg, at a futures industry conference held in Florida this week, traditional finance executives have changed their attitudes towards cryptocurrencies and started discussing business cooperation with cryptocurrency companies. The Trump administration's support for digital assets has boosted Wall Street's confidence. Companies such as Citadel Securities, Chicago Mercantile Exchange Group, and Intercontinental Exchange plan to increase their layout in the field of cryptocurrency. Catherine Clay, head of derivatives at Cboe Global Markets, said in an interview at the meeting that the topic of cryptocurrency has become a hot spot again after being quiet for several years. Citadel Securities under Ken Griffin, which once had a conservative attitude towards digital assets, is now seeking to serve as a liquidity provider for cryptocurrencies and delve deeper into this field. After surpassing Binance to become the world's largest Bitcoin derivatives exchange, CME Group further expanded its business territory by launching Solana futures. Insiders revealed that Intercontinental Exchange also saw an opportunity to intervene and compete with CME. Jeanine Hightower-Sellitto, Chief Business and Strategy Officer of EDX Markets LLC expects more companies will enter the crypto space before year-end. Wall Street also recognizes that blockchain technology will be key in transitioning US stock markets toward 24/7 trading.