CONTENT
DL News highlights 6 potential heavyweights: Kraken, Consensys, BitGo, Animoca Brands, Ledger, and Bithumb.
The common thread is clear: regulatory-first strategies, infrastructure-focused business models, and predictable cash flows.
The market is no longer chasing purely “narrative-driven” protocols. Instead, it is assigning value to exchanges, custody, wallets, and developer tools — the core infrastructure of crypto.
At its core, this reflects crypto being repriced through a traditional capital-market lens.
WRITER’S INTRO
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