For quite some time now, big crypto companies have complained that U.S. bank regulatory authorities have been telling banks to be cautious about lending money to the crypto sector without directly asking them not to lend.

While companies like Coinbase Global, Inc. COIN have been leading the charge against the regulatory bodies with litigations made in courts, it is only the Trump administration’s dovish signals to woo the sector which has been one of the biggest reasons it has rallied in recent months. Crypto-exposed stocks like Riot Platforms, Inc. RIOT, Interactive Brokers Group, Inc. IBKR and NVIDIA Corporation NVDA are thus well-positioned to benefit in the near future.

The industry has forever lamented that existing U.S. regulations are inappropriate for cryptocurrencies and has called for public representatives and regulators to write new guidelines to regulate the market. Last Thursday, Donald Trump passed an executive order pertaining to broadening the horizon for cryptocurrency, which includes the creation of a working group responsible for proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile. The self-proclaimed “Crypto President” also ordered that banking services for crypto companies be protected, thereby leading to massive cheer in the sector.

It is not a secret that while the erstwhile Democrat regime was crypto-skeptic and was trying to bring in further regulations to contain crypto in a way, the Trump administration is going to usher in a phase where the crypto industry will have the full backing of the institutions. Much of that euphoria has already been priced in. And yet, with the policies finally taking shape, Bitcoin (BTC) touched an all-time high price, $109,071, on Thursday, Jan. 23. However, with investors booking profit, it has come down to the $105,000 range at the time of writing this article.

Apart from volatility, one of the major reasons investors shy away from crypto is regulatory clampdown. In the Trump era, one can be confident that institutions would support the industry, and the following stocks can be looked into.

Our Choices

The stocks below flaunt a Zacks Rank #1 (Strong Buy) or Rank #2 (Buy) and positive returns and margins. You can see the complete list of today’s Zacks #1 Rank stocks here .

Riot Platforms is a Bitcoin mining and data center hosting company in North America. RIOT’s expected earnings growth rate for the next year is 6.2%. The company has a return on equity (ROE) of 2.2% and a current net margin of 16.7%. The company currently sports a Zacks Rank #2.