Bullish CEO: The crypto industry will undergo large-scale consolidation

PANews February 8 News, according to Cointelegraph, Bullish CEO Tom Farley stated in an interview with CNBC that there may be a trend of more projects being acquired by large companies in the cryptocurrency industry, which could lead to a more unified industry landscape in the coming months. Farley believes that industry consolidation should have happened one or two years ago, but overly high valuations maintained false optimism. Many companies will realize that "they have no business, only products."
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments