Interesting development. Traditional Big Four accounting firms like PwC have generally kept a respectful distance from crypto over the years, but that attitude is changing.

Recently, Paul Griggs, the head of the US division, revealed that they started adjusting their strategy last year and began investing in digital asset businesses. The reasons behind this are understandable—regulators in the US have shifted their tone in recent years, with pro-crypto officials gaining the upper hand. Additionally, Congress is pushing for legislative frameworks around stablecoins, tokens, and other digital assets. The overall environment is indeed moving toward a clearer and more friendly direction.

What does this say about the actions of major institutions? It indicates that digital assets are gradually moving from "wild growth" to "institutionalization." When traditional financial audit firms like PwC can no longer stay on the sidelines and start providing professional services to crypto companies and projects, it means the compliance infrastructure for this sector is being established. For investors, this might be a signal—more institutional participants will follow suit.