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Will AI Agents Use Crypto? | Qiao Wang
Empire
The Private Market Lagging the Public Market in Crypto
There's actually funds who might have some cash and they're sitting on some dollars. Either they are sitting on cash and don't wanna deploy it or they're almost timid to make a capital call to their LPs. A year ago, they yellowed into a bunch of deals at ridiculous valuations. And now they just can't explain to their Lips. Another possible reason is that the private market lagging the public market. So everyone is aware that valuations are continued to go down, but no one knows when it'll bottom.
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