Crypto could solve venture capital’s due diligence problem — VC exec

Venture capitalists battling with the difficulties of proper crypto firm due diligence should be looking at getting back to the basics — to “trust the chain,” a crypto-focused venture fund executive argues. 

Speaking to Cointelegraph, John Lo, head of digital assets at Recharge Capital — a $6 billion fund with crypto and decentralized finance (DeFi) projects on its portfolio — said that FTX shook the “confidence in this industry.”

“There will be a lot of soul-searching,” he said….

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