00:00 Brian Sozzi
Dan Lynch which is the actions and the market manager inside. And one of the incredible areas that we have followed is the reception not only of the market to some of the strategic parts around the cryptocurrency, but the other potential players who are still waiting in the wings to make an entry of the market. Circle has succeeded, but are there others that are in the cryptographic landscape, the platform or the cryptocurrency and the outfit you think you could receive a solid reception of the market here?
00:32 Dan Howley
Of course. Thus, the IPO of Circle was really this great vote of confidence for the crypto and the industry of stable coins as a whole. And they really timed it when you think of some of the largest macro pieces in play. You have a friendly administration in crypto in place. There is now stable parts legislation that really legitimizes the stable part. And then you have some of the largest banks and retailers in the world who talk about the launch of their own parts. Coinbase is now a company S&P 500. Thus, all these things are rear winds to support these companies. When you look at others that could follow, Gemini are a confidential deposit. But several other players from the main private players continue to grow. You know, Kraken, we just talked to the CO-PDG there. Ripple and others are really developing in private markets. And another objective is, you know, this idea of how tokenization can play a role in expanding access to private markets. And this is something that the president of the SEC really talked about this morning.
02:11 Brian Sozzi
It will be fascinating to see how many of these companies can take advantage of this moment and this momentum and perhaps call on some of the investors of the landscape of public actions at the moment.
