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Bitcoin, Ethereum and other crypto assets are becoming a new anchor for fundraising in the financial market.
On August 13, Wang Feng, the founder of Blue Harbor Interactive, stated that crypto assets are having a significant impact on the financial industry, including banks, asset management companies, and VCs. This is not about retail investors holding assets like Ethereum; rather, a structural consensus has been formed in the financial market. Bitcoin, Ethereum, Solana, and perhaps XRP will become the anchor assets for many funds and institutions. It is not too late for traditional funds and investment managers (GPs) to change their views and actively participate.