SEC Chair Paul Atkins has unveiled Project Crypto, aimed at shifting traditional finance to an onchain model. Bitwise CIO Matt Hougan hails the initiative as the 'most bullish' crypto document, emphasizing opportunities in Layer 1, DeFi, and super-apps.
SEC Chair Paul Atkins unveiled Project Crypto last week, outlining a vision where all asset classes migrate onchain with DeFi at the core. Bitwise CIO Matt Hougan praised the initiative as the 'most bullish' crypto document he’s seen, highlighting key investment opportunities in Layer 1 blockchains, crypto-enabled super-apps, and DeFi platforms, while noting regulatory shifts that could enable unified trading of crypto and traditional assets.