"Venture Capital Focuses on Stablecoins and RWA Tokenization in Crypto Projects"

Source
JH Kim

Summary

  • Venture capital is expected to expand investments in crypto projects such as stablecoins and RWA tokenization this year.
  • The CEO of HashKey Capital mentioned that AI and infrastructure are also attracting the interest of venture capital.
  • It is predicted that more VC capital will flow into crypto projects due to the favorable prospect of Donald Trump's re-election as President.

According to Cointelegraph, a cryptocurrency-focused media outlet, Deng Chao, the CEO of HashKey Capital, a Hong Kong-based issuer of Bitcoin (BTC) and Ethereum (ETH) spot ETFs and a specialized crypto investment firm, stated on the 3rd (local time) that "numerous crypto projects are expected to attract venture capital (VC) investment this year." He added, "Currently, these VCs are focusing on stablecoin products, real-world asset (RWA) tokenization, artificial intelligence (AI), and infrastructure."

He further mentioned, "In particular, the prospect of Donald Trump's re-election as President of the United States is anticipated to bring more VC capital into crypto projects."

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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