Crypto wants the CLARITY Act to go through, says Bitwise's Matt Hougan

• The White House meeting with crypto executives is expected to focus on tokenization, a 'mega trend' transforming how assets are traded.
• This engagement is seen as broadly positive for Bitcoin and a significant opportunity for DeFi applications like Uniswap and Aave to expand beyond the crypto market into the much larger equity and bond markets.
• While the CLARITY Act faces Senate deadlock, its passage would usher in a 'new major bull market' for crypto by providing a clear legal framework, though a more gradual path is expected if it doesn't pass this year.

Matt Hougan of Bitwise Asset Management discusses President Trump's upcoming White House meeting with crypto executives, highlighting tokenization as a key topic. He believes the meeting signals continued commitment to crypto, which is positive for Bitcoin and especially for DeFi apps due to their potential to serve traditional financial markets.