Crypto winter looks different this time as incumbents gain market share amid stalled VC funding, Blockchain.com co-CEO says

Blockchain.com's Lane Kasselman said crypto markets have become more institution-led since 2021, when retail investors played a more prominent role. The latest crypto winter has played out differently from past cycles as established companies gain market share amid a lack of venture capital funding for new crypto startups, said Blockchain.com Co-CEO Lane Kasselman, speaking in a recent interview with Bitcoin Magazine TV. Kasselman described the period as an opportunity for incumbents such as Blockchain.com to grow, though he declined to call the bottom of the market.