Crypto Lender Matrixport Targets $100 Million Funding Despite FTX Fallout

What is the target valuation for Matrix Port after the funding round?

• $2 billion

• $1.5 billion

• $1 billion

• $500 million

Which investors are backing Matrix Port in its funding efforts?

• Sequoia Capital and Andreessen Horowitz

• DST Global and Tiger Global

• SoftBank and BlackRock

• Goldman Sachs and Morgan Stanley

Why are venture capitalists hesitant to invest in the crypto market currently?

• Regulatory restrictions

• Shaken confidence in digital assets

• High inflation rates

• Lack of technological advancements

What is the current state of the Bitcoin market as mentioned in the transcript?

• Completely collapsed

• Steady but weak

• Stable and strong

• Rapidly increasing

Which companies are being closely monitored for bankruptcy concerns?

• Ripple and Ethereum

• Tether and Cardano

• Genesis and Block 5

• Coinbase and Binance