Billionaire investor and entrepreneur Kane Gripin said that his company was considering entering the Crypto market citing renewed confidence under the presidential post of Donald Trump.
Sitadel LLC founder and CEO Griffin indicated to offer the Crypto market services and digital asset trading after expressing doubts about the industry. The founder of CITDAL said that the company will be interested in providing liquidity on platforms such as the biggest market manufacturer in the New York Stock Exchange, such as the coinbase, according to it Bloomberg,
Like several technology-centric founders, Griffin called for Clear Crypto rules under the Trump Administration, speaking at the 2025 UBS Finance Services Conference in Florida.
At the same time, he criticized the “evil regulation” approach raised by the Biden administration and officials such as Gary Gensler, former chairman of the US Securities and Exchange Commission.
Citadale has historically avoided the Crypto market citing regulator uncertainty. Griffin himself was a strong bitcoin (BTC) in the past and questioned the overall utility of Crypto. However, both he and the Garh have gradually changed their stand since at least 2022. Shortly before Terra’s collapse of Terra’s $ 60 billion ecosystem, Griffin suggested that the firm would unveil crypto operation within the year.
While the plan finally fell, Griffin’s trend on Crypto developed over time. When Bitcoin first increased to $ 100,000 last December, he regretted not entering the market soon.
However, time has not completely assured the Griffin of Crypto’s merit. “Does the problem solve?” He said at that time, while still accepting the needs of strong servicing crypto liquidity.
