According to BlockBeats, on August 6, Bitwise Chief Investment Officer Matt Hougan stated that SEC Chairman Atkins's 'Project Crypto' speech serves as a 'roadmap for investments in the next five years,' highlighting three key opportunities: Ethereum/L1, super apps like Coinbase, and DeFi protocols. The entire speech revolves around public blockchains like Ethereum.
Atkins believes that all assets—stocks, bonds, dollars, etc.—will eventually migrate to public blockchains; DeFi will play an important role in the future; crypto assets and blockchains can create exciting new business models; the main factor hindering this 'revolution' is the hostile regulatory environment, which has now completely reversed.
Matt Hougan identifies three immediate investment opportunities that stand out:
The first and most obvious opportunity is to invest in Ethereum and other layer one blockchains that support stablecoins and tokenization.
The second is that Coinbase, Robinhood, and other 'super apps' boldly predict that one of these companies may become the world's largest financial services company, potentially the first financial services company valued at over $1 trillion.
The third is DeFi, which is not only a technological revolution but also a conceptual revolution. The SEC chairman understands this. Under the SEC's new vision, assets like UNI may establish a more direct economic relationship with their underlying protocols, unlocking tremendous value.
Matt Hougan finally stated, 'This speech caught me off guard; currently, all of this has not been fully priced in by the market.'
