Traditional Giants Rekindle Interest in Digital Assets Amid Crypto Market Downturn

Interest in digital assets among traditional investors is growing despite the recent downturn in the crypto market.

According to Ron Biscardi, CEO of iConnections, which runs one of the largest capital introduction conferences globally, sentiment around digital assets has shifted again.

The conference saw over 75 digital asset funds participating, generating roughly 750 meetings between managers and allocators. This is comparable to the number of meetings in 2022 when crypto interest soared before the FTX collapse.