At World Economic Forum This Year, Panels Debated Blockchain 'Case Studies'

I got to the airport in Zurich and the first person I ran into was a friend from Austin visiting her family in Reykjavik. Anyways, Im OOO this week, so if you need anything email someone else.

The crypto industry went on a rehab tour last week in Davos, Switzerland, among the worlds elite at the World Economic Forums annual meeting. To my surprise, there was an audience interested in what the industry looks like now.

Youre reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.

Snowcapped

The narrative

The industry projected strength and all of that good stuff during this weeks meeting in Davos. And there was an audience in at least some of the panels of people who arent normally part of the industry.

Why it matters

Obviously, FTX was a looming shadow over cryptos presence in Switzerland. And as my colleagues and I wrote last week, the industry had a much lighter presence in 2023 than it did last May. Even without FTXs collapse, we would still be in a bear market, so that makes sense.