The winds of crypto winter may be still blowing, but it doesn’t seem to be stopping venture capital firms from piling into cryptocurrencies. In fact, recent events influenced by the bear market, such as the collapse of FTX, could bring “further trust into the ecosystem,” according to Jez Mohideen, co-founder and CEO at Laser Digital, the recently launched digital assets arm of the Asian giant Nomura Holdings (NYSE:).

“More traditional players are entering the space who can help to regulate the sector. This means players who understand regulation as well as the importance of clients’ aggregation, stability, and execution,” explained Mohideen, a long-time participant in the venture sector and former director at Barclays (LON:) and partner at the hedge fund Brevan Howard.