CEO Brad Garlinghouse described the $1.25 billion acquisition of Hidden Road as a pivotal moment for the crypto industry, signaling the U.S. market’s readiness for institutional adoption and deeper integration with traditional finance.

Quotes that support claims

With the U.S. market finally opening up and digital assets maturing for institutional adoption, this is an inflection point.

We are at an inflection point for the next phase of digital asset adoption — the US market is effectively open for the first time due to the regulatory overhang of the former SEC coming to an end.