Major tech and consulting giants are opening their wallets. At the end of this month, Trump will attend the Davos Forum, with companies like Microsoft, McKinsey, and others each contributing up to $1 million to build exclusive event spaces for the US government delegation. What does this reflect? A bet by enterprises on policy directions. When top government officials attend the World Economic Forum in large numbers, it signals that policy signals and regulatory directions may change. For the crypto market, this is especially noteworthy—changes in the US policy environment often trigger a reallocation of global capital. Regulatory attitudes and government stances have never been trivial.