Foresight Ventures and Primitive Ventures Unveil APAC Crypto Go-To-Market Insights
Dovey Wan, Founder of Primitive Ventures, emphasized the global-local paradox in crypto adoption:
“Over 50% of Americans don’t have passports, 80% of Chinese have never traveled abroad, and even in the EU, only ~40% of citizens have ventured beyond their borders. While crypto is inherently global, humans are naturally local and tribal, making global thinking both uncommon and challenging. As multicycle players with a truly global-minded team, Primitive is committed to bridging these gaps.”
Country-Specific Highlights from the Report
- China: Despite regulatory hurdles, crypto adoption thrives in OTC markets and DeFi platforms. Hong Kong serves as a pivotal gateway, showcasing the resilience of Chinese crypto participants.
- South…