According to CoinMeta, as reported by The Block, Mizuho Securities has lowered the target stock price of BitGo from $14 to $11, while maintaining a rating of outperforming the market. Mizuho Securities believes that the delay in the establishment of US market rules due to the clarity legislation being awaited by competitors has given BitGo an advantage. BitGo is the first federally licensed digital asset trust bank owned by a listed company, and its regulatory status does not depend on the passage of the new legislation.