Dragonfly ＞|＜(@dragonfly):Is crypto VC going extinct? "No, I think it's evolving." "If you rewind the clock back to 2021–2022, there were a lot more VCs who raised money on the idea that they were going to deploy into a crypto venture." "And the idea was that, well, anybody can do this. You just have to sling some money around and some tokens and everything goes up automatically." "We're in a very different world now. We're in a regime where there's not that many players that are really institutional quality, and that can really add value to a lot of these projects." "Most of the easy money in crypto is gone now." @hosseeb on @BloombergTV at Token2049

2026.10.09 20:44

Is crypto VC going extinct? "No, I think it's evolving." "If you rewind the clock back to 2021–2022, there were a lot more VCs who raised money on the idea that they were going to deploy into a crypto venture." "And the idea was that, well, anybody can do this. You just have to sling some money around and some tokens and everything goes up automatically." "We're in a very different world now. We're in a regime where there's not that many players that are really institutional quality, and that can really add value to a lot of these projects." "Most of the easy money in crypto is gone now." @hosseeb on @BloombergTV at Token2049

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