On this episode of CoinDesk’s Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by Peter Christiansen, Director of Digital Assets Equity Research at Citi, who explains why the bank is turning more bullish on crypto equities ahead of Q3 earnings — breaking down its upgrades of Galaxy and Gemini, its downgrade of Securitize, the MSCI index-exclusion threat facing Strategy, and why Circle is his top pick with a $243 target. Plus, Bart Smith, CEO of Avalanche Treasury Co. (AVAT), makes the case that Wall Street’s tokenization push will land on Avalanche, and explains why a regulated permanent-capital vehicle offers investors different exposure than spot AVAX or an ETF — and why he sees bitcoin maturing into digital gold.