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Crisis vindicates crypto startups who weren't 'super fond' of banks, Foresight's Cheng says

Quick Take

  • Asia-based crypto VC firm Foresight Ventures had limited exposure to last week’s banking crisis, thanks to funding startups with stablecoins.
  • Foresight general partner Tony Cheng also said he sees Hong Kong as most likely to claim the title of Asia’s crypto hub. 
Foresight Ventures had limited exposure to last week's banking crisis, thanks to funding startups with stablecoins, says general partner Tony Cheng.

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