In the roundtable discussion titled “The Institutionalisation of Crypto Markets”, Kayvon Pirestani, Head of APAC Institutional Sales at Coinbase, points out that institutional investors have become more robust during the economic downturn. Tim McCourt, Global Head of Equity and FX products at CME Group, expresses that the market is starting to understand how to really use crypto. CEO of BitMEX, Alexander Höptner, shares that consolidation usually happens during the bear market where in the end there are only five to six players left. Darius Sit, Managing Partner of QCP Capital, states that Asian investors tend to trade more compared to the buy-and-hold strategy when it comes to crypto investment, and are easily influenced by narration.