Crypto.com’s venture capital unit has doubts about some of the sector’s steep valuations. That’s according to CEO Kris Marszalek, who spoke on the topic in an interview with Bloomberg News published Wednesday (April 17). Bloomberg compares this to the “investment frenzy” that came with the COVID-era bull run in tokens, with very mixed results. Meanwhile, Ripple CEO Brad Garlinghouse predicted earlier this month that 2024 will see the cryptocurrency’s market capitalization surpass the $5 trillion mark. “I’ve been around this industry for a long time, and I’ve seen these trends come and go,” Garlinghouse said.

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