Cointelegraph spoke with Nasha Afshar, a director and senior relationship manager at SEBA Bank, during the World Token Summit event in Dubai.
As more institutions go from only showing their interest in the crypto space into actually investing in Web3 projects, getting into crypto turns into a question of “when” rather than a question of “if” according to an executive from institution-focused crypto firm SEBA Bank.
At the World Token Summit, Cointelegraph spoke with chartered financial analyst Nasha Afshar, who works as a director at SEBA Bank. Afshar discussed topics like the institutional interest and adoption of crypto and trends that they’ve been noticing as of late.Bank's Nasha Afshar at the World Token Summit in Dubai. Source: Cointelegraph
According to Afshar, when the markets were in the bull run, many expressed their interest in the crypto space. “If you look at the institutional interest and adoption now versus back then, I think back then, there were more players coming into the space that were interested,” he said. However, the executive believes that despite the interest back then, those who acted on that interest were fewer than what he is noticing today. He explained that:
“How much action behind that interest was maybe not as strong as it is today, because if you look today, for example, you can see that most recently you've had firms that are of a very significant size and presence globally coming into crypto.”
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