Yat Siu: The cryptocurrency industry is entering the institutional era
According to reports, Yat Siu, co-founder and executive chairman of Animoca Brands, said in a recent interview that there are a series of tokens performing poorly, but some tokens are doing well, such as Bitcoin, Ethereum, Solana and TON. The key difference lies in institutional support. Projects with institutional support often perform more stably. Starting from the Bitcoin ETFs, the cryptocurrency industry is now entering an era of institutions. This means that if you want to stand out you need institutional support. Traditional stock markets are dominated by institutional investors while token markets are dominated by retail investors. In the market for institutional investors they will seriously study projects because strong purchasing power and long-term planning is needed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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