Dominic Rizzo, manager of T. Rowe Price’s new technology-focused ETF, expresses strong support for cryptocurrencies, decentralized finance (DeFi), and stablecoins, anticipating significant applications for these technologies in the future. He notes the limited public market equity opportunities to gain exposure to these trends, with Coinbase being a prominent option, representing only 0.89% of the fund's holdings compared to larger investments in companies like Nvidia, Apple, and Microsoft. Rizzo emphasizes Coinbase's role as a critical link between crypto and traditional finance (TradFi), highlighting its partnership with USDC issuer Circle and its custodian status for US crypto ETFs. Although he finds other crypto-related stocks lacking in potential, Rizzo believes that more equity opportunities in crypto are on the horizon and stresses the importance of keeping abreast of this growing trend.

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