I just took a close look at BitGo's prospectus, and to be honest, I was a bit shocked by the data. Revenue for the first three quarters of 2025 is approximately $10 billion, representing a leap in year-over-year growth, not just a doubling. Net profit has also turned positive. Assets under custody total $104 billion, which is a substantial amount of financial infrastructure. People used to say that crypto companies weren't profitable, but now that these figures are presented, saying it's "air" just doesn't hold water.