We didn’t think Three Arrows Capital (3AC) was going to implode the way they did,” he said, referring to the collapse of high-profile crypto lenders driven by their exposure to the highly-leveraged hedge fund 3AC.
Also, the collapse of crypto lenders didn’t just hurt investor sentiment, but affected trading volumes on major crypto exchanges.
Linking TradFi to crypto could make for a good betBuilders could have a real opportunity in the current crypto market environment.
That’s because these businesses are likely to get picked up once market enthusiasm for crypto returns.
And they just have to get smarter.”He suspects the market will be slow for a while and won’t change anytime soon.
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