At some point, it's going to have its repricing from a few hundred billion dollar market cap to a multi-trillion dollar mark cap.

And 1.15,000 is still less than the two trillion dollar market cap, which is still smaller than most tech companies.

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details how the company evolved into a multi-vertical consumer platform generating over $13 million

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Hey, everyone, you're watching Markets Outlook on CoinDesk, and I'm Jen Sanassi.

We're seeing a full-scale institutional race to put the world's financial plumbing on chain.

And today we're talking about where Ethereum fits into that picture with etherealized co-founders, Vivek Ramon and Danny Ryan. Hey, guys, welcome to the show.

Thanks for having us. Thanks for having us. All right, Vivek, I want to start with you. I know you've

testified before the House on the Clarity Act. We had some big news today that markup is delayed

indefinitely. Talk to me about how you're reading this situation.

It's a wild journey because we got to testify on this quite early on. And it was pretty

inspiring seeing last summer that there was literally a crypto bill beyond just stable coins,

but actually addressing decentralization, actually addressing decentralized finance,

actually addressing tokenization. And that's pretty bullish. Like once you start encoding blockchain and ability

to innovate there and a law, it just unlocks a lot of innovation and a lot of jobs and a lot of

opportunity here. And when I was there, it was both sides of the aisle wanted a responsible

bill to pass, which we all do. So I was

actually pretty bullish that we would get something through right after Genius. And I still think we do.

I mean, I think that it's now advanced enough that it's in Senate. Obviously, there was a bit of a

setback with the markup being delayed. But I think that's a setback and not an indefinite thing that'll push it out forever. I think we will get some sort of crypto legislation into law because it's good for both sides of the aisle. One thing we said in testimony was crypto's blockchains are bipartisan. It's not a political issue. It's literally infrastructure that the U.S. should lead in. So I remain bullish. I think it's going to pass. It might pass a little later than we thought,

...