Bitwise CEO: SpaceX’s IPO Valuation Could Be Comparable to the Entire Crypto Market Excluding Stablecoins

Odaily Planet Daily News: Hunter Horsley, CEO of Bitwise, posted on X platform that if SpaceX goes public in the future, its valuation could be comparable to the entire cryptocurrency market capitalization excluding stablecoins. This indicates that the crypto market is still in a relatively early stage, with its overall size not being particularly large. Hunter Horsley also stated that the market's focus should not be on competition between specific assets or projects, but rather on whether they can create genuinely valuable products and services and drive the widespread real-world application of blockchain technology. Bitwise supports all individuals and teams working towards this goal.