Deep Tide TechFlow News, June 11 — Former early partner Robbie Petersen of Dragonfly announced he has joined a16z crypto as an investment partner. He stated that his core judgment of the crypto industry has remained unchanged: if the trend of technological adoption continues to evolve toward higher efficiency, market forces will ultimately prove that blockchain is the most efficient technology for global collaboration.



Robbie Petersen said that this has been reflected in areas such as stablecoins, perpetual contracts, prediction markets, and tokenized assets. The current bottleneck limiting blockchain from further penetrating the global market and spawning new markets is mainly time. He also mentioned that the gap between current market sentiment and fundamentals in the crypto industry is at a high level, making him more optimistic about the industry's prospects.
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