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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Wide range of AUM declines among Nordic asset managers in Q2

Q2 OVERVIEW: Although the three best-performing Q1 managers have yet to release figures for this period, AMWatch’s preliminary overview suggests that the results are reflective of local market conditions, where two countries had a clear advantage.

CEO appoints new J. Lauritzen investment team

Kristian Mørch, the former CEO of Odfjell and current CEO of investment firm J. Lauritzen, has already constructed his new team, which involves both shipping and investment industry professionals.

Further reading

Related articles

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch