The silver lining of a troubling situation. Block Earner, an Australian fintech company, says the fall of Terra has led to “positive surprises” for the company, with investors beginning to find their way toward lower-risk cryptocurrency yield products.
. Still, Chiranewala explained the platform is aimed at those that want exposure to the crypto markets but have a lower risk appetite.Data shared by Block Earner to Cointelegraph shows that the Terra fiasco coincided with an increase in withdrawal events at the beginning of May and again in mid-June due to the fall of Celsius. However, there’s been a steady return to normal levels since.
“We are almost forced to now simultaneously build institutional products because the interest in that space is massive.”
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