👎 Why Airwallex is a no on crypto — Capital Brief
As Bitcoin bubbles to new highs and momentum returns to cryptocurrencies, it wouldn’t be surprising to see fintech startups once again slap “Web3” into pitch decks to sell a potential growth narrative.
Just don’t expect Airwallex to be one of them.
“After 15 years, I still haven’t seen a single use case where crypto has meaningfully helped solve a real problem,” co-founder and CEO Jack Zhang wrote Monday in a welcome moment of LinkedIn candour.