Multicoin Capital Says FTX Will Not Be End of Crypto
As far as the crypto industry is concerned, Multicoin Capital said it does not believe FTX will be the downfall of the industry.
As far as the crypto industry is concerned, Multicoin Capital said it does not believe FTX will be the downfall of the industry.
Multicoin Capital believes that the best of investment opportunities are available in the bear market. The new venture fund will focus on early-stage and later-stage projects specifically focused on aggregating Web 3 infrastructure, open finance, and decentralized autonomous organizations (DAOs).
CEO of Delphia, Andrew Peek, believes that access to proprietary data will give the firm an edge over other algorithmic investors.
Multicoin Capital is interested in exploring and tapping from the potential opportunities of the Decentralized Finance industry.
Besides registering its mark as a tokenized data services provider, OXIO blockchain also seeks to help take the adoption of the service mainstream.
A number of people who previously worked for JPMorgan are gathering millions of dollars for interoperable blockchains and kick-ass their smart contracts better than Ethereum ones. Kadena’s public blockchain has gone live.
A blockchain project Helium has completed a fundraising round where it managed to get $15 million in funding from leading venture funds. According to Multicoin Capital, Helium is the most ambitious crypto venture since Ethereum.
It is said that Binance will transfer all the company’s value to its native BNB coin to become the first decentralized corporation in the world.
In the nearest future, regulated crypto custody services are believed to be introduced across the crypto industry and bring significant changes.