Experts: Venture investors have lost interest in buying tokens at an early stage

CoinShares Chief Strategy Officer and partner Aglae Ventures said that among venture investors, interest in buying tokens of cryptocurrency companies has decreased.

Meltem Demirors and Vanessa Grellet told The Scoop podcast that the mood among VCs has changed significantly. At least in relation to investments in cryptocurrency projects. Now investors are cautious and have begun to understand that buying tokens of cryptocurrency projects at an early stage does not always promise big profits.

“Now there is an understanding that governance tokens are not always the best way to reflect capitalization. Large investors, who are really capable of investing significant amounts, require answers to more fundamental questions, for example, about monetization. They no longer rely on beautiful presentations and claims of rapid growth,” said Demirors.

Vanessa Grellet supported her colleague, noting that large investors are concerned about the regulatory side of buying tokens. In the event that transactions can be recognized as unregistered sales of securities, venture investors simply will not contact. However, tokens remain quite interesting, but as part of larger investments – when a venture investor buys shares, assets and tokens as part of one large investment.

It should be noted that recently experts from the American bank State Street said that the crypto winter did not affect the mood of institutional investors, and they retained their interest in the blockchain and digital assets.