The Japanese venture capital firm Mistletoe is strengthening its focus on the crypto industry amidst the market downturn, arguing that Web3 will “spread to all industry segments” in the future, just like the Internet has done.
Speaking with Cryptonews.com, Atsushi Taira, the co-founder of Mistletoe, said the firm is increasingly looking to support the blockchain and broader Web3 industry through venture investments going forward.
He explained that the focus will be on projects that make a “positive impact” on society, and said Mistletoe will be both “proactive and aggressive” in its support for the right companies.
Mistletoe is a venture ecosystem builder and startup investment firm founded by Japanese entrepreneur and billionaire Taizo Son, the brother of SoftBank CEO Masayoshi Son. The firm has offices in Japan and Singapore.
In terms of the most important innovations in crypto at the moment, Taira pointed to Ethereum (ETH) 2.0, scaling techniques such as Zero-Knowledge proofs, as...
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