Called it 🫡 "I predict that at some point, one or more of these major exchanges will pivot from BTC as a SoV to ETH as a SoV: Coinbase, Tether/Bitfinex, Gemini, Kraken, Binance, OKX and Bybit. Why? It's inevitable because the reality is, Ethereum is the financial substrate for tokenization and stablecoins. " Kraken is a cornerstone investor into Ether machine. They're going to pivot to ETH sooner or later IMHO. "It will be backed by a group of crypto investors including exchanges Kraken and contributing more than $800 million in equity financing at $10 a share, the companies said."