Exchanges· ★★★· neutral·

Crypto winter looks different as incumbents gain share without VC funding, Blockchain.com co-CEO says

  • —Kasselman: there is no VC funding flowing into new crypto startups
  • —Incumbents are growing and absorbing share as new segments come online
  • —Market has shifted from 2021's retail-led activity to institutions
  • —More than 30 rulemakings are underway at the SEC and CFTC
Why it matters: A market led by incumbents and starved of venture capital reshapes competition, giving established players an edge over new entrants.
Source: Crypto Briefing
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