Popular Altcoin Founder Says Strategic Money Will Flow into Bitcoin and Altcoins!

Evan Cheng, co-founder and CEO of Mysten Labs, the developer team of Sui Blockchain (SUI), stated that worldwide interest in cryptocurrencies is rapidly increasing.

CEO of Mysten Labs Evan Cheng In a recent interview, global investment appetite He stated that he turned to cryptocurrencies. Especially “gulf regiondefined as Arabian peninsula And Asia’s While he stated that he was examining the cryptocurrency industry closely, the situation has become almost deteriorating in the recent period. cryptocurrency investment He emphasized that it turned into a race.

United Arab Emirates (UAE), Train Stating that he is in contact with investors in Turkey and other countries, the CEO said that he is interested in the cryptocurrency sector. Money flow is inevitable But he emphasized that this would happen as a result of a detailed strategy:

Investors are interested in the cryptocurrency sector. The BlackRocks of the world are obviously not stupid. They realize there is an opportunity here. I’m talking to people in the Gulf region, the UAE, Qatar. There is great interest. They really want to prevent this. The same thing is true in Asia, in the APAC region. So the money will come, but they will be much more strategic about it.

Investments in the cryptocurrency sector, regulator uncertainties Claiming that it will increase as it disappears, Cheng said, traditional financial institutions He said he could not resist the demand from customers:

Traditional financial institutions are aware of what consumers want. Our expectation is that once we move past this extremely bearish, unregulated market, winners will emerge and they will be the ones rewarded based on merit. I’m not saying there won’t be speculative activities, but it will be based on merit.

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