More traditional financial companies entering the crypto space can help regulate the industry and bring "stability and execution" to the sector, Mohideen said.
Laser Digital Ventures Plans to Invest in Nearly 20 Projects in 2023
Laser Digital Ventures, which focuses on funding startups providing solutions for institutional investors, plans to invest in nearly 20 projects in 2023. The firm's portfolio includes Bullish, a crypto exchange; Orderly Network, a decentralized exchange protocol; and Komainu, a hybrid custodian for institutional investors.
Laser Digital Seeks to Solve Infrastructural Bottleneck for Crypto-Keen Institutions
Laser Digital is particularly interested in infrastructure solutions that will accelerate the institutional adoption of cryptocurrency, including decentralized finance (DeFi). According to a Coinbase survey, 62% of institutional investors have increased their crypto allocations over the past year. The firm's investment thesis centers on innovative projects with clear metrics for success.
