On September 18, BlockBeats reported that Kyle Samani, managing partner of Multicoin Capital, attended the “Investors Roundtable: Navigating Crypto's Changing Landscape” roundtable discussion on the first day of the TOKEN2049 main venue and said:
Finance was originally something for the elite of the elite, like JP Morgan saving America. The history of finance over the past 100 to 150 years has been the history of democratizing access to opportunity, like Robinhood, and now with cryptocurrencies, there are about 6-7 billion people in the world who are not too sensitive to P/E multiples when choosing what to buy. As the market becomes more mature and more hedge funds and traditional investors enter the cryptocurrency space, this may lead to more and more convergence between the two worlds (traditional finance and crypto).
