Galaxy Digital's Michael Novogratz sees huge shift in mainstream cryptocurrency acceptance

Michael Novogratz, founder and CEO of Galaxy Digital (OTCPK:BRPHF), said Wednesday that he sees a "huge shift" in mainstream acceptance of cryptocurrency, with the asset class likely to eventually move to the center of the financial structure. "We're going to rebuild a lot of financial infrastructure in blockchain-based systems," he told CNBC. Commenting on recent market action in crypto, Novogratz predicted consolidation in the near term, followed by a "good quarter" in Q4. "Usually, the winners of the year, when they're that much ahead, drive on," he explained. As evidence of increased mainstream acceptance, Novogratz pointed to recent signals that major corporations will be expanding their crypto integration. This includes Amazon (NASDAQ:AMZN) and Walmart (NYSE:WMT), both of which were reportedly looking to hire crypto experts. The Galaxy Digital CEO also noted news out of Visa (NYSE:V), which earlier this week announced that it was buying a CryptoPunk. Looking to other parts