Recently, a striking piece of news emerged from New York — investment bank Dominari Holdings announced the establishment of a Crypto Assets consulting committee, a move that has sparked a strong response in the Crypto Assets industry.

Dominari Holdings, as a well-known investment bank, is headquartered in an iconic building in downtown New York City. In February of this year, two prominent business figures joined the company's advisory board, further enhancing Dominari's influence in the industry.

The newly established Crypto Assets consulting committee brings together industry elites, including former BitPay executive Sonny Singh and blockchain entrepreneur Tristan Chaudhry. Singh has extensive experience in digital payments, while Chaudhry specializes in the practical applications of blockchain technology. This lineup showcases Dominari's ambitions in the Crypto Assets field.

Dominari has recently been very active in the Crypto Assets industry. The company participated in the establishment of the 'American Bitcoin Company' and plans to push it towards the stock market in the future; it also acted as a placement agent for a blockchain technology company’s reverse merger. After this reverse merger, the related stock price surged 647% overnight. More notably, after the new management team joined, Dominari's first complete quarterly revenue skyrocketed by 452%, with total revenue reaching 34 million USD, and its stock price increased by 466% within the year, solidifying its position as an emerging force in the Crypto Assets industry.

The series of actions by Dominari is not an isolated case, but rather reflects the major trend of integration between traditional finance and the Crypto Assets industry. From a policy perspective, regulatory agencies in various countries are gradually clarifying their attitudes towards Crypto Assets. For example, the United States has a relatively open stance towards Crypto Assets, as the Securities and Exchange Commission (SEC) recently paused lawsuits against certain Crypto Assets entrepreneurs and explored possibilities for settlement, which has instilled confidence in traditional financial institutions. From a technical perspective, as blockchain technology continues to mature and improve in security, traditional financial institutions are also gradually reducing their concerns about entering this field.

As Crypto Assets and blockchain technology increasingly become hot topics in the financial sector, we can foresee that more traditional financial institutions will follow suit and actively position themselves in this emerging market. This trend will not only drive the further development of the Crypto Assets industry but also bring new growth opportunities for traditional financial institutions.