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Mastercard director sees FTX collapse as chance for the crypto market to reset

Even though one of the largest crypto exchanges, FTX, collapsed and filed for bankruptcy, some market participants aren’t worried about whether the meltdown will alter institutional interest in crypto.
“I feel like once you get the momentum for an institution up and running, it’s hard to get them to turn their head and pivot,” Grace Berkery, director of startup engagement at Mastercard, said at the Benzinga’s Future of Crypto event. “So if they’re going to enter, they’re going to stay in the space.”
During the “Status of Venture Funding in Crypto and Web3” panel, Berkery said

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