Solana Associates: speculation that crypto startups valued at around $250bn are leaving the Bay Area due to over-regulation
Solana co-founder Toly (Anatoly Yakovenko) said on social media platforms, ‘Speculation is that about $250 billion worth of crypto startups left the Bay Area because California representatives failed to stop Warren's overreach. Any other place in the world would do anything to keep these startups there.’
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
Analyst: The current macro environment is similar to the pandemic period, and bitcoin still has room to rise