5 investors explain why Latin America is poised to weather the crypto winter – TechCrunch
— Dollars, Gaming, Investors, America, Defi, Pesos, Techcrunch, Winter, Crypto, Weather — 1 min read
Latin America has consistently captured between 8% and 10% of global cryptocurrency activity. DeFi implementations have seen a lot of interest given the region’s difficulties with how finance is conducted traditionally. From high poverty rates to low financial inclusion, there are common threads throughout the region that explain why trends such as play-to-earn crypto gaming have seen considerable adoption. Homegrown startups are already playing an important role in leveraging crypto for the Latin American and global markets. The investors we spoke with are active backers of Latin American startups in the crypto and DeFi space. They share their insights on where the market is going, the increasing presence of women in LatAm's web3 scene, and how they are positioning themselves for a rebound. Source