Crypto VC Says RWA Growth is Driving Multi-Chain Market Maturation

The managing partner of cryptocurrency venture capital firm Dragonfly Capital, Haseeb Qureshi, stated that as tokenized stocks and bonds, among other tokenized real-world assets (RWA), see increased trading volume, the cryptocurrency market is entering a maturation phase. Speaking in an interview with DoubleBlock, he added: 'To meet institutional regulatory compliance requirements, it is no longer necessary for one universal blockchain to dominate the market; instead, multiple specialized blockchains coexisting in a structure is required. Blockchains have network effects like cities but cannot scale infinitely.'