Large VCs are sidelining smaller crypto investors, PwC crypto lead says

Cointelegraph

Published Jul 30, 2021 04:35AM ET

Updated Jul 31, 2021 06:40AM ET

As cryptocurrency continues to take over mainstream finance, formerly cautious investors across the globe are rethinking their stance of counting crypto as a bad investment. This change of heart has led to a higher market valuation of crypto businesses due to increased funding from goliath investors.

Citing this trend, PricewaterhouseCoopers crypto leader Henri Arslanian claimed that larger players from venture capital, private equity and pension funds are outplaying smaller boutique firms and family offices from participating in the latest innovations around crypto.

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