Jakob Palmstierna, CEO of crypto market maker GSR, said that the crypto market is an opportunity for people who believe in bullishness.
Recent events in the crypto industry have divided investors. While one group of investors believe that the bear market will continue for a long time, other investors think that this period is an opportunity. The bankruptcy of FTX, which is called the second largest cryptocurrency exchange in the world, started a new era in the crypto industry. The big players of the sector are acting with a focus on entrepreneurship and development. Investors, on the other hand, spend overtime to seize opportunities. In the midst of all these processes, the CEO of GSR, which provides market maker services in the crypto industry, made statements.
GSR CEO: An Opportunity to Inject Capital
In an interview, the CEO of GSR evaluated the current situation of the crypto market as an opportunity. The CEO of the company, Jakob Palmstierna, spoke about the crypto industry.
Palmstierna said he enjoys investing in zero-knowledge proofs, decentralized options trading, lending protocols and decentralized insurance.
Palmstierna also touched on FTX events. The CEO claimed that Alameda launched artificial projects to fill the void after using client funds.
Arguing that this collapse is an opportunity, the CEO said, “There are a lot of assets looking at very good value right now. That means it may not be a venture capital, it may be an ongoing type of investment.” said.
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