Although the interest of financial institutions in cryptocurrencies might have declined, there is still interest in investing in blockchain as a technology in 2023, as Llyr told Forkast News’s Angie Lau in an interview in Davos, Switzerland, published on January 26. Explaining this phenomenon, she highlighted blockchain’s existing and potential use cases, as well as the ongoing and persistent drive that its developers still hold:
Diversification and path of the user
Focusing on the positive sides of a decentralized system, the Head of Blockchain and Digital Assets also singled out the diversification that it can offer as one of the goals to strive for and which is possible once the wider public is fully aware of blockchain’s utility.
WEF’s interest in blockchain and crypto
Notably, Llyr became the head of blockchain and cryptocurrencies at the WEF after the international non-governmental and lobbying organization, funded by its 1,000 member companies, posted a job advert for the position on July 19, as part of its growing focus on digital assets. More recently, Nigel Green, the CEO of financial management firm deVere Group, warned that the WEF would “spectacularly fail” if it doesn’t focus on crypto regulation at the 2023 summit in Davos, urging world leaders to up the ante instead of just talking when it comes to regulating digital assets. Meanwhile, SkyBridge Capital founder Anthony Scaramucci has declared that the “rampant pessimism” voiced by world leaders at the recent WEF summit, was “enormously bullish” for risk assets like crypto, as Finbold reported.
