AMWatch

Saxo Bank founder retains faith in his free-falling crypto coin: "This project is the future"

Past months’ downturn on the cryptocurrency market will sort out bad projects from the good, assesses Lars Seier Christensen, who’s fully behind his own crypto company Concordium, whose coin has dropped 75% this year alone.

Lars Seier Christensen is behind blockchain firm Concordium until it is turned around, into a profitable firm | Photo: Tariq Mikkel Khan

2022 has been a terrible year for the cryptocurrency market.

However, this isn’t a bad thing when it comes to spreading out blockchain technology, as a lot of airy projects are likely to go bust, according to Lars Seier Christensen, the affluent co-owner and board chair of blockchain firm Concordium, which has also been impacted by the downturn.

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