Wall Street's Crypto Embrace

“It’s disproportionately now traditional finance people, enterprise people as opposed to the old guard crypto native-type people,” said Ava Labs President John Wu, an alumnus of funds including Tiger Management and Kingdon Capital, whose firm operates the open-source Avalanche platform for decentralized financial applications.

It’s not the first time that Wall Streeters have attended crypto conferences. But as Wu noted, they were “tourists” at the conferences a couple years ago, mostly trying to get a crash course. “This time around, there are even more and they’re more engaged and they’re actually participants.”

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