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Ethereum Beats Rivals With ‘Trade-Offs,’ Pantera’s Krug Says

  • Crypto-centric hedge fund is bullish, long on Ethereum
  • Grayscale’s Grider says it’s not a ‘winner-take-all’ market
Joey Krug
Joey KrugPhotographer: Alex Flynn/Bloomberg

An explosion in the growth of crypto networks vying to take market share from Ethereum is unlikely to threaten the dominance of the world’s most used blockchain, according to Joey Krug, co-chief investment officer at digital-asset investment firm Pantera Capital.

“If you roll the clock forward 10 to 20 years, a very sizable percent, maybe even north of 50%, of the world’s financial transactions in some way, shape or form will touch Ethereum,” Krug said in an interview.