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‘Tremendous time' to start a blockchain company, says Pantera General Partner

Published 01/23/2023, 09:21 PM
Updated 01/23/2023, 11:00 PM
© Reuters.

Despite depressed crypto prices and recent company collapses, one of the key investors behind crypto hedge fund Pantera Capital believes there’s never been a better time to start a blockchain company.

As part of a Jan. 23 post about the year ahead from a number of executives at Pantera Capital, Paul Veradittakit, General Partner at Pantera Capital explained that "On average," people working in the crypto space are more educated and passionate about crypto than in previous cycles.

Decentralized exchange volume within the last 12 months, November (the month of FTX’s collapse) had a large increase in trading volume. Source: DeFiLlama

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