Cardano ADA/USD founder Charles Hoskinson said in an interview aired Tuesday that the “Magnificent Seven” tech giants could drive cryptocurrency’s next phase of growth.

‘Mag 7’ Giants Encouraged After Pro-Crypto Bills Passage

Speaking to CoinDesk, Hoskinson said that most of the liquidity remains in traditional finance and that cryptocurrency legislation such as the GENIUS Act and the CLARITY Act will accelerate their push into blockchain-based technology.

“When you look at the Genius Act and the Clarity Act, soon to come, all the big guys are gonna come in, not just the big banks, but also the Mag 7,” he added.

Hoskon pointed out that TradFi giants like Microsoft Corp. MSFT,…

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