Analyse Asia With Bernard Leong

"Yes FTX was a very large institutional player, Genesis whatever happens out there was a very large institutional player and so it'll take a lot of time for the fallout to fully play out. But just taking a step back and looking at the big picture, none of this has any impact on crypto's multi-year arc towards enabling innovation. Ethereum as a trustless, decentralized digital asset set on one layer is groundbreaking that nothing will change. Tokens as a form of capital creation is a paradigm shift for business formation. Nothing's gonna change that. And talented builders are still continuing to come into the system and soon their work and their labour will bear fruit." - Cosmo Jiang Fresh out of the studio, Cosmo Jiang, founder of Nova River and host of Liquid - Web3 investing podcast with Global Coin Research, joined us to break down the consequences of FTX's collapse and how it triggered the crisis for Digital Currency Group (DCG) with the potential insolvency of Genesis and its crown jewel, Grayscale. Cosm