A leading figure at a significant cryptocurrency bundle investment company voiced confidence that economic policies under the presidency of Donald Trump, as he resumes office this month, will positively influence the digital asset market.
Recently, CEO of Bitwise Asset Management, Hunter Horsley, shared intriguing perspectives on potential ways the Trump administration might reshape the cryptocurrency sector.
Deregulation Of M&As
Horsley posits that the policies of the upcoming Trump administration might catapult the cryptocurrency industry to unprecedented levels, particularly by easing merger and acquisition regulations. He suggests that this could enable large U.S. corporations to broaden their operations significantly by executing strategic takeovers.
The CEO of Bitwise believes that President-elect Trump could potentially allow more mergers and acquisitions, which would be beneficial for large corporations in the U.S., as it would help them strengthen their market positions.
“Large corporates — mag 7, etc — may finally be able to wield their market cap,” Horsley said.
In simpler terms, he pointed out that companies like Amazon (a significant player in retail) might grow even larger by acquiring Instacart, and tech giants such as Google could potentially take over Uber. This implies a trend where large corporations become more powerful while medium-sized entities may diminish, which can be summarized as “The powerful may expand, and the moderately sized may decline.
Trump administration may unfreeze M&A.
Major corporations, such as those with a market capitalization of over $7 billion, might soon have the financial muscle to acquire smaller companies. For instance, Amazon could potentially purchase Instacart, while Google could consider buying Uber and so forth.
The big may get bigger, and the middle may shrink.
If that happens, I think it will accelerate…
— Hunter Horsley (@HHorsley) January 5, 2025
Accelerating Cryptocurrency
Horsley proposed that enabling significant American corporations to carry out strategic mergers might stimulate the use of decentralized systems, ultimately boosting the digital currency environment.
“If that happens, I think it will accelerate crypto,” Horsley said in a post.
The executive of a crypto index fund thinks that if big companies gain more power, there could be a significant increase in the need for cryptocurrencies, as digital assets can function as alternatives to these established institutions.
In a recent post on X, he argued that the fundamental idea behind cryptocurrency lies in distrust towards large organizations, believing they may not act in one’s best interests. As these institutions continue to grow, this mistrust becomes even more pronounced.
Industry Leaders Adopting Crypto
A significant number of analysts have noted that large corporations such as Amazon and Google are becoming increasingly interested in blockchain technology and digital assets, recognizing potential chances to participate within the rapidly growing cryptocurrency marketplaces.
Amazon Web Services introduced Amazon Managed Blockchain, a blockchain-focused service from Amazon. This new offering enables businesses to establish and administer flexible blockchain networks, thereby positioning Amazon as a significant player in the growing market for blockchain technology.
Strategic Partnerships
As a crypto investor, I’ve noticed that Google is making significant strides by partnering with crucial blockchain projects and advocating for the implementation of blockchain technology within their cloud services. This move not only expands Google’s influence in the cryptocurrency sphere but also indicates a strong commitment to the future of decentralized technologies.
On Google Cloud Platform, companies can now access blockchain solutions as a service, enabling them to design and deploy their own decentralized applications.
Horsley’s comment is particularly relevant now, as the cryptocurrency market is experiencing optimism due to President Trump, who is generally supportive of digital currencies.
The triumph of Trump’s election sparked a surge in the digital asset market, where investors observed Bitcoin reaching over $100,000 in early December, marking an increase from approximately $69,000 in early November.
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2025-01-07 13:42