If a platform has never thought about or had the courage to enter the U.S. market and capital markets, it wouldn’t so early, so proactively, push its core asset onto Kraken. So when I see BGB listed on Kraken, I don’t treat it as just an ordinary “exchange listing news.” Kraken is a U.S.-based exchange known for strict regulation and being institution-friendly. Being accepted there is essentially a screening process for the asset’s nature and compliance explainability. ✅ This shows one thing: Bitget is not avoiding the U.S. system; instead, it’s paving the way in advance. ✅ More importantly, BGB is not just a pure platform incentive token: On Morph, it’s Gas + governance, On Bitget/Wallet, it’s used for payments, settlements, and as an on-chain financial tool. These are precisely the kinds of “functional assets” that the U.S. market is willing to embrace. ✅ Is an IPO happening soon? Can’t say for sure. But what’s certain is: Bitget is keeping its options open for entering the U.S. and capital markets in the future. Moves like this might not explode in the short term, but in the long term, the pricing logic will gradually shift. This kind of prediction is just like how I kept calling out BGB at the end of 2024—it turned out to be shockingly accurate.