Institutions rushing into blockchain are driven by fear of missing out, says Everest Venture Group CEO

The Everest Venture Group (EVG) co-founder and CEO says that many corporations rushing into blockchain and tokenized real-world assets (RWAs) aren’t driven by innovation but by anxiety. “Truth to be told, I think in the last probably six months or so, a lot of these groups are interested because it’s formal,” Ng told TheStreet Roundtable’s Alp Gasimov. “Because they saw everyone is doing it and they feel like, you know what, I should not be left behind.” Digital Asset Treasuries (DATs) are publicly trade ...