Just saw BitGo is making moves to go public while the crypto market's sitting above 4 trillion. That's actually pretty wild timing - a major custody player files to go public right when things are heating up again.

For those not following closely, BitGo's been around forever in the institutional crypto space. They handle a ton of assets for funds and companies. So them filing to go public kind of signals they think there's real institutional money sticking around this time, not just another hype cycle.

The whole market surge past 4 trillion definitely helps the narrative though. When you've got those kinds of numbers, more traditional investors start paying attention. BitGo files to go public, and suddenly you're seeing serious players legitimize the whole sector.

Curiosity though - how many more custody or infrastructure plays do you think will follow once BitGo actually goes through with it? Feels like we're about to see a wave of crypto companies files to go public over the next year or two.